Patagonia CEO Ryan Gellert speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Patagonia CEO Ryan Gellert speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

President Donald Trump talks with small business owners in the Grand Foyer of the White House, Monday, May 4, 2026, in Washington. (AP Photo/Jacquelyn Martin)

Turkish businessman Hamdi Ulukaya, founder and CEO of Chobani, the Greek yogurt brand, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Former Mayor of Chicago and White House Chief of Staff Rahm Emanuel speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Turkish businessman Hamdi Ulukaya, founder and CEO of Chobani, the Greek yogurt brand, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Former Mayor of Chicago and White House Chief of Staff Rahm Emanuel speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)

Former Mayor of Chicago and White House Chief of Staff Rahm Emanuel speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2026. (Photo by Patrick T. Fallon / AFP via Getty Images)