ICE’s Private Prison Contractors Spent Millions Lobbying to Force Banks to Give Them Loans

Source: The Intercept
by Biplob Kumar Das
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“Some of the largest banks in the nation for years have eschewed the business of private prison giants like GEO Group and CoreCivic, the two firms that operate more than half the private carceral facilities in the country, including many U.S. Immigration and Customs Enforcement detention centers. … Now, the private prison firms are fighting back, spending millions on lobbying Congress to pass a law to require that the banks can’t deny their business.” (02/05/26)

https://theintercept.com/2026/02/05/private-prison-corecivic-geo-group-ice-bank-loan/