Citigroup, the third largest banking institution in the United States, has offered to pay the travel expenses of Texas, Florida, and Idaho (among others) employees who would need to travel out of state in order to abort their babies after a certain number of weeks, reported ABC News.
Much to the ruling class’s chagrin, the Texas Supreme Court on March 11 “dealt a final blow to abortion providers’ federal challenge to the state’s latest abortion restrictions,” the Texas Tribune reported.
Florida and Idaho have also recently passed legislation restricting abortion.
On March 3, Florida legislators voted to ban most abortions after 15 weeks of pregnancy, the New York Times reported.
And on March 14, the Idaho legislature passed a Texas-style, pro-life law that would allow family members to sue abortion doctors, according to CBS News.
In its explanatory filing with the U.S. Securities and Exchange Commission (SEC), Citigroup cited recent legislative changes in “certain states” as the reason for its new policy.
“In response to changes in reproductive healthcare laws in certain states in the U.S., beginning in 2022 we provide travel benefits to facilitate access to adequate resources,” Citigroup’s statement read.
Ironically, this policy change on behalf of “reproductive healthcare” was accompanied by in increase in paid parental leave.
“We believe all parents deserve time to adjust to parenthood and bond with the newest member of their family,” Citigroup said in a statement. “At a minimum, all Citi employees will be eligible for 16 weeks of paid maternity leave or four weeks of paid parental leave.”
Citgroup has declined to comment on its new policy.