A major financial institution has announced that it will pay for its employees to have abortions out of state, prompting backlash from the pro-life community.
One of the largest banks in the United States, Citigroup announced its intention to pay for employees’ abortions in a definitive proxy statement submitted to the U.S. Securities and Exchange Commission ahead of its annual shareholder meeting, scheduled for April 26.
The SEC “requires that shareholders of a company whose securities are registered under Section 12 of the Securities Exchange Act of 1934 receive a proxy statement prior to a shareholder meeting, whether an annual or special meeting.”