Trump's Deportation Plan: Private Prisons Gear Up for Windfall
As President-elect Donald Trump prepares to launch the largest domestic deportation operation in history, private prisons and detention services are bracing for a potential bonanza. With a focus on immigration enforcement, companies like Corrections Corporation of America and GEO Group are poised to reap significant financial gains. The deportation plan is expected to boost demand for detention facilities, driving growth in the private prison industry. As a result, investors are taking notice, with stocks in these companies already experiencing a surge. The future of immigration policy under Trump is likely to be shaped by his campaign promises, including increased border security and stricter enforcement. Private prisons are ready to capitalize on this shift, with detention services and immigration reform emerging as key areas of focus.