Business Maverick: Yellen Says Striking Down Abortion Rights Would Hurt US Economy

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Treasury Secretary Janet Yellen entered one of the most politically charged US debates Tuesday, saying the economy would suffer if the Supreme Court significantly limits women’s access to abortion.

The draft of a Supreme Court ruling that would overturn the 1973 Roe v. Wade decision leaked to a news outlet last week, and its authenticity was confirmed by the court. The draft would strike down the half-century federal precedent that had given women the right to seek an abortion and would allow states to make their own laws and restrictions.

“I think people can disagree on the issue of being pro-life or pro-abortion, but in the end I think framing it in the context of labor force participation just feels callous to me,” he said.

 

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Business Maverick: Mega-consulate ties US to convicted billionaire in NigeriaBy placing its $537 million consulate on Gilbert Chagoury’s Eko Atlantic development, the US government became the anchor tenant for a project run by a man who was once convicted of laundering money for a Nigerian dictator and who’s admitted to making illegal campaign contributions in the US. Ethics groups and Nigeria experts aren’t pleased with the choice.
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