Janet Yellen, U.S. Secretary of the Treasury <br>Photo by AP Yonhap News

Janet Yellen, U.S. Secretary of the Treasury
Photo by AP Yonhap News

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[Asia Economy Reporter Cho Hyun-ui] Janet Yellen, U.S. Treasury Secretary, said on the 10th (local time) that the revocation of abortion rights would have a very harmful impact on the U.S. economy, according to the U.S. political media outlet Politico.


At a hearing of the U.S. Senate Finance Committee that day, Secretary Yellen responded to related questions by stating, "The revocation of abortion rights will set women's lives back by decades."


She said, "Most abortions are performed by teenage girls who have had unexpected pregnancies," adding, "If abortion rights are revoked, they will be unable to continue their education, their potential income will decrease, and labor force participation will decline."



Secretary Yellen referred to the 1973 'Roe v. Wade' ruling, which constitutionally guaranteed women's abortion rights, saying, "It had a positive impact on the happiness of children," and argued, "Children raised in poor environments due to the revocation of abortion rights will engage in worse behavior themselves."


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