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Border tax hearing on tap in D.C. today

May 23, 2017 7:58 AM ETTarget Corporation (TGT) StockTGT, ADMBy: Clark Schultz, SA News Editor
  • Executives with Target (NYSE:TGT) and Archer Daniels Midland (NYSE:ADM) will testify in front of a House of Representatives committee today at a hearing in Washington, D.C. on the border adjustment tax proposal.
  • Target CEO Brian Cornell is expected to argue against the border tax, while ADM's Juan Luciana is likely to support the proposal. Former Wal-Mart CEO William Simon, who has publicly supported the tax, is also due to testify.

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