ICE's Shift in Strategy Boosts Private Prison Profits Amid Immigration Crackdown
The Department of Homeland Security (DHS) has shifted its strategy from converting warehouses into detention centers to purchasing facilities from private prison operators CoreCivic and Geo Group. This move comes amid an increase in immigration enforcement under President Donald Trump's administration. DHS has paid $2.2 billion for facilities in California, Minnesota, and Kansas, and has agreed to pay $240 million annually to reactivate defunct facilities. This decision has significantly boosted the profits of these private prison companies.