One industry just got a big boost from Trump -- and it wasn't crypto or Tesla

Contributing sentiments towards policy:

70% : They need Trump, but Trump also needs them, and everyone knows it.
59% : A CoreCivic spokesperson said the company "stays in regular contact with ICE and all our government partners to understand their changing needs, and we work within their established procurement processes.
57% : But Trump says he plans to really ramp things up now, moving hundreds of thousands of migrants through the system in a way that would be a huge boon for the companies.
56% : Individual executives at GEO and CoreCivic have made large donations to Trump and affiliated PACs as well.
54% : GEO, the largest contractor for ICE, has about 13,500 beds for migrants, but executives said it was well positioned to scale up to more than 31,000 beds in the near future.
53% : While many corporate executives have come around to the idea of wooing Trump in his second term, the private prisons were there all along.
51% : Private prison operators will be key to helping this expansion, though they won't be the only ones -- Trump has said he also plans to use space at Guantánamo Bay to house detainees.
48% : On the transportation end, private prison companies contract with ICE to move migrants on the ground and in the air.
48% : Even before the president took office, ICE was facing a $230 million budget shortfall, NBC News reported, citing two US officials.
47% : Their executives may not have been seated behind Trump at the inauguration, but they didn't need to be -- they might prefer to fly under the radar anyway, and they're already on track to get what they've wanted.
45% : For years they've been hard at work buttering up public officials, lobbying, and making campaign donations, especially to Trump and other Republicans.
38% : "If you look at even what Trump did, he didn't have to roll back very much," he said.
36% : Immigration and Customs Enforcement has funding to maintain 41,500 beds for detained migrants, but the president's border czar, Tom Homan, has suggested he needs at least 100,000 beds to carry out Trump's deportation plans.
35% : While it may not be exactly what Trump had in mind, it's a good deal for private prison companies, which will be eager and able to help with migrant monitoring.
33% : Now, under Trump, the flip has been switched back on again.
21% : "Both the Obama administration's and the Biden administration's relationships to private prisons set some guardrails," said Matt Nelson, the executive director of Presente, a national civil and human rights organization, but neither addressed the federal government's biggest use of private operators, which was immigration and ICE.
18% : George Zoley, the executive chairman of the GEO Group, a for-profit prison company, said on an earnings call in November that he expected Trump to reverse all of Biden's orders on "day one." While private prison companies won't mind getting business back from the BOP, that's really not where the opportunity is.
5% : The Obama administration moved to phase them out, Trump 1.0 reversed it, Biden phased them out again, and Trump has once again reversed that decision.

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