Tag: U. S. IMMIGRATION AND CUSTOMS ENFORCEMENT
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Impact of Trump’s Immigration Policies on Private Prison Companies
The Trump administration’s focus on stricter immigration policies could enhance business for private prison companies, including CoreCivic and Geo Group. Their stock prices surged post-election as investors speculate on increased detainment needs. ICE is a key revenue source for these companies, which are poised to expand their capacity and services under anticipated policies, although congressional…