Private Prisons Poised for Profit Amid Trump's Immigration Crackdown

The incoming Trump administration is planning to significantly expand immigrant detention centers near major U.S. cities as part of a mass deportation strategy. This involves doubling the current number of ICE detention beds and potentially reopening or building new facilities, including family detention centers. The plan targets areas with large migrant populations, regardless of local sanctuary policies. Private prison companies like GEO Group and CoreCivic are poised to benefit, with their stock prices already rising in anticipation of increased demand for detention services.