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Locked-up profits: Trump's private prison donors stand to gain from jailing migrants
The Observer
|June 15, 2025
As Donald Trump's immigration crackdown intensifies, some of his closest allies in the private sector stand to profit from ICE raids.
The US government is holding more than 48,000 people in immigration detention, with Trump's border czar, Tom Homan, saying he intends to double that figure.
Facilities run by ICE (Immigrations and Customs Enforcement) are already well beyond capacity. More than 90% of those detained are locked up in private, for-profit prisons run by two companies, GEO Group and CoreCivic, which donated millions to Trump's reelection campaign. Internal communications from GEO identify the administration's aggressive border policy as a key source of potential revenue growth this year.
"We stand ready to provide additional services and resources to help ICE meet its future needs," GEO chairman George Zoley said on a corporate earnings call last autumn, a transcript of which was released by the Securities and Exchange Commission.
Esta historia es de la edición June 15, 2025 de The Observer.
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