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Goldman, JPMorgan Weigh Covering Abortion Travel Amid Uproar (1)

May 5, 2022, 4:27 PM

Goldman Sachs Group Inc. and JPMorgan Chase & Co. are discussing extending abortion benefits to cover travel after an internal debate was reignited this week by the leak of a draft Supreme Court ruling to overturn Roe v. Wade.

The finance giants could follow the lead of Citigroup Inc. and pay travel expenses for employees seeking to end pregnancies away from states with restrictive abortion laws, according to people with knowledge of the discussions. Some senior leaders remain wary of the growing criticism by Republican lawmakers.

The move has consequences across Wall Street and beyond as corporate America struggles to ...