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4/29/2021 READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Members of the Retail Industry Leaders Association … READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Members of the Retail Industry Leaders Association April 28, 2021 Earlier today, Secretary Janet L. Yellen met virtually with CEOs and CFOs of the biggest retail companies in the U.S. who are members of the Retail Industry Leaders Association (RILA), the trade association for U.S.-based leading retail companies. The Secretary discussed the positive impact of the Administration’s American Rescue Plan and the merits of the American Jobs and American Families Plans. The Secretary highlighted the ways in which the Administration is working to build back better, including addressing the U.S.’s long history of underinvestment in our public goods like airports, roads, bridges, broadband, R&D, job training, and the challenges faced by families including soaring costs of childcare and health care; insu icient paid leave; lack of a ordable education. Secretary Yellen also discussed how addressing these underinvestments and challenges will benefit the retail sector. The Secretary and retail executives also discussed climate finance, corporate tax rates, trade, supply chains including the labor supply, how the pandemic has a ected the retail sector and how the industry has responded. The Secretary relayed that she is increasingly optimistic that the retail sector will witness a strong rebound over 2021, and a irmed her commitment to helping Americans and businesses make it to the other side of the pandemic and be met there by a robust recovery. ### https://home.treasury.gov/news/press-releases/jy0152 1/1