Tim Cook Meets Treasury Secretary Mnuchin at Apple Headquarters

Photographer: Michael Short/Bloomberg

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Apple Inc. Chief Executive Officer Tim Cook met with U.S. Treasury Secretary Steven Mnuchin at the technology giant’s new Apple Park campus in Cupertino, California, according to a tweet from Mnuchin.

In the Twitter postBloomberg Terminal, Mnuchin thanked Cook for a commitment to invest $350 billion in the U.S. Earlier this year, Apple said it would be investing that amount in the country over the next five years, taking into account a fourth U.S. campus and several thousand new hires. The company is also bringing back most of its overseas cash as part of new U.S. tax laws, and recently granted most employees $2,500 worth of restricted stock units.