Incoming Trump admin is eyeing new immigrant detention centers near major U.S. cities [MSNBC.com]
CoreCivic, Inc. (CXW)
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Source: MSNBC.com
The incoming Trump administration is considering locations and talking toprivate prison companiesimmigrant detention centersThe goal is to double the number of Immigration and Customs Enforcement detention beds — 41,000 are now allocated by Congress — to hold vast numbers of migrants for short periods of time while they await deportation after their arrests inside the U.S., the sources said.The plan would also include restarting the policy of detaining parents with their children, known as family detention, which immigration advocates have criticized and the Biden administration stopped in 2021, the sources said.So far, people working on the plans with the Trump transition team are assessing which of the facilities the Biden administration closed could be reopened, taking account of available space in county jails and assessing which areas might need temporary facilities to detain migrants as part of the deportation effort.Trump’s transition team is looking at how many migrants each r
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News
- Private prison firms contributed more than $1M to Trump's reelection. Now they expect a business boom [Yahoo! Finance]Yahoo! Finance
- Mass detention and returning migrants to Mexico: Donald Trump's plans on immigration are coming into focus [CNN]CNN
- Mass detention and returning migrants to Mexico: Donald Trump's plans on immigration are coming into focus [CNN]CNN
- Why stock in Tennessee private prison operator CoreCivic is on the rise post-Trump reelection [Yahoo! Finance]Yahoo! Finance
- Shareholders Will Be Pleased With The Quality of CoreCivic's (NYSE:CXW) Earnings [Yahoo! Finance]Yahoo! Finance
CXW
Earnings
- 11/6/24 - Miss
CXW
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form SC
- 11/20/24 - Form 144
- CXW's page on the SEC website