Citigroup has started covering travel expenses for employees who go out of state for abortions because of newly enacted restrictions in Texas and other places, becoming the first major US bank to make that commitment.
The new policy is “in response to changes in reproductive healthcare laws in certain states in the US,” the bank said late on Tuesday in a public filing ahead of its annual shareholders meeting in April.
The filing said the travel benefits are “to facilitate access to adequate resources” and did not specifically mention abortion.
Citi will cover transportation and lodging for employees who need to leave states such as Texas for abortions, according to a person familiar with the matter.
Citi has taken stances on controversial issues before, including in 2018 when it enacted restrictions on its clients who sell firearms following several US mass shootings.
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SOURCE: New York Post, Reuters
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