Private Prisons Eye Profits Amid Trump's Immigration Crackdown

TL;DR Summary
The private prison industry is poised to benefit from Donald Trump's immigration policies, which include mass deportations of undocumented immigrants. Companies like Geo Group and CoreCivic anticipate increased demand for detention facilities, as ICE has historically relied on private firms for housing detainees. This potential growth in the industry has sparked criticism from Democrats and advocacy groups, who argue that private prisons prioritize profit over humane treatment. Despite opposition, industry leaders are preparing to expand their capacity to meet expected needs under Trump's administration.
- In Trump’s deportation plan, the private prison industry sees a lucrative opportunity ABC News
- Incoming Trump admin is eyeing new immigrant detention centers near major U.S. cities NBC News
- As Private Prison Stocks Soar, Immigrant Rights Activists Vow to Fight Trump’s Mass Deportation Plans Democracy Now!
- The Other Big Election Winners? Private Prisons. Mother Jones
- These Prison Stocks Jump Again After Trump's Hardline Border Move Investor's Business Daily
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