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

In the early days of President Trump's second administration, significant policy shifts are underway, particularly affecting the private prison industry. Trump revoked Biden’s directive to cease contracts with private prisons, reinstating opportunities for for-profit companies like GEO Group and CoreCivic. This reversal aligns with a decade-long trend of fluctuating federal policies towards private incarceration. Although these companies welcome the return of federal contracts, the actual demand for private facilities has diminished, highlighting evolving dynamics within the prison system and the implications of political leadership changes.
The reopening of federal contracts with private prisons marks a return to a controversial practice that many believed was being phased out under the previous administration.
Industry leaders anticipated Trump's shift back to private prisons, indicating that the move reflects the cyclical nature of these contracts over the past decade.
Read at Business Insider
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