Key insights
- Former President Trump indicated plans to deploy ICE agents to airports, potentially impacting travel and immigration. GEO Group, a company managing detention facilities, may see increased activity. The market impact is slightly negative due to potential disruptions in the travel sector and uncertainty regarding immigration policy.
Because the tourism industry wasn't fucked enough already.
“I will move our brilliant and patriotic ICE Agents to the Airports where they will do Security like no one has ever seen before, including the immediate arrest of all Illegal Immigrants who have come into our Country, with heavy emphasis on those from Somalia,” he said.
In a later post, he updated his plan to say that he looked “forward to moving ICE in on Monday, and have already told them to, ‘GET READY.’ NO MORE WAITING, NO MORE GAMES!”
So the US Gestapo will just start arbitrarily locking up tourists arriving by plane.
https://ca.finance.yahoo.com/news/trump-threatens-deploy-ice-agents-170850507.html
Anyone looking to take advantage of the situation monetarily might want to look up GEO. /s
Ticker: GEO (NYSE)
What they do: Prison management, detention facilities, and related services.
Notes: Has contracts with ICE and other federal agencies