Why politically outspoken CEOs are staying silent on Texas’s new abortion law
After the state of Georgia passed a law restricting voting rights in March, executives at hundreds of companies, led by former American Express CEO Kenneth Chenault and Merck CEO Kenneth Frazier, condemned the law in the name of racial equality. It was the latest sign of how business leaders are becoming increasingly comfortable with social issues, advocating Black Lives Matter, immigrant and LGBTQ rights. Now, in the wake of an extremely restrictive new Texas law effectively banning abortion in the state and encouraging civilian bounty hunters to prosecute anyone seeking the procedure, Texas-based dating app makers Bumble and Match have begun raising funds to assist reproduction rights.
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