At a Senate banking committee, Yellen talked about what the loss of abortion access would mean economically for women.
“I believe that eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy and would set women back decades,” U.S. Treasury Secretary Janet Yellen told a Senate Banking, Housing and Urban Affairs Committee on Tuesday.
If... “I believe that eliminating the right of women to make decisions about when and whether to have children would have very damaging effects on the economy and would set women back decades,” U.S. Treasury Secretary Janet Yellen told a Senate Banking, Housing and Urban Affairs Committee on Tuesday.
If challenged, the access to abortion would be left up to each states to decide. Multiple states are already moving to restrict abortion access. The Supreme Court confirmed the leaked document is authentic but is not final, and announced investigation into the source. Economists have weighed in for the potential financial consequences of Roe v. Wade being overturned. They pointed to the direct relation between higher labor-participation rate and the access to abortion and contraceptives in the 1970s and 1980s.
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