Dozens of Republican lawmakers are urging the U.S. to cancel authorities contracts with Citigroup after the banking big provided to pay the journey prices for workers looking for abortions.
Citi, the nation’s fourth-largest financial institution, supplies bank cards to members of the Home of Representatives to pay for flights, workplace provides and different items. Rep. Mike Johnson and 44 different lawmakers are urging Home Chief Administrative Officer Catherine Szpindor to cancel the contract, arguing the legislative department has lengthy adhered to a coverage of not funding abortions with taxpayer cash.
“By providing to pay its workers of their efforts to terminate the lives of the unborn, Citi has forfeited its privilege of doing enterprise with the Home of Representatives,” the Louisiana lawmaker and fellow Republicans wrote in an April 5 letter to Szpindor.
Controversy over Citi’s abortion stance highlights the extreme concentrate on firms’ insurance policies on hot-button points. Florida’s Republican governor, Ron DeSantis, is feuding with The Walt Disney Co. over its opposition to a state legislation curbing gender and sexual schooling in faculties. And in Texas, firms together with Apple, Alphabet, Johnson & Johnson, Macy’s and REI lately condemned child abuse.that equated gender-affirming well being take care of transgender youngsters to
Firms take a stand
Citigroup added the journey profit decried by Republicans to its office choices after a number of states enacted restrictive reproductive well being care legal guidelines. Texas, successfully outlawing the process within the state. The chairman of the Republican Celebration of Texas final month ‘s providers.
Citi disclosed the brand new coverage in a regulatory filing with the U.S. Securities and Change Fee on March 15. The financial institution acknowledged: “In response to modifications in reproductive well being care legal guidelines in sure states within the U.S., starting in 2022 we offer journey advantages to facilitate entry to enough assets.”
A spokesperson for Citi declined to remark, whereas a spokesperson for Szpindor’s workplace didn’t reply to a request for remark.
Many main firms have for 12 months provided to cowl the prices of employees getting an abortions. Citi’s new coverage echoes these of different firms together with Apple and Hewlett Packard that assist cowl journey to different states for medical procedures.
Citi’s new coverage was adopted beneath the management of CEO Jane Fraser, theor any main Wall Avenue agency. However different firms have additionally mentioned in latest months they’d assist workers in states with restrictive abortion legal guidelines.
Salesforce CEO Marc Benioff in September mentioned the corporatewho need to go away Texas due to the state’s abortion restrictions. And the chief govt of Dallas-based Match Group, Shar Dubey, arrange a fund to assist any of the corporate’s Texas employees who could have to journey out of state for the process.