Trump immigration crackdown boosts private prison profits

NEW YORK: One of the biggest US private prison companies announced a share repurchase program on Wednesday, the latest sign of an industry boom from President Donald Trump’s crackdown on illegal immigration. Geo Group, one of the two leading US private prison companies, said the White House’s policies will fuel their growth for the foreseeable future, even as executives pointed to staffing and infrastructure limitations that could constrain the Trump administration’s mass deportation agenda.

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