Does Jeff Sessions Hold Investments In Private Prisons

Americas two main private prison companies have seen their stocks surge 100 since the election as president trump vows to crack down on crime and illegal immigration. Attorney general jeff sessions on thursday instructed the bureau to once again rely on these companies which contributed large sums to president trumps 2016 campaign and his inauguration.

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does jeff sessions hold investments in private prisons

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The department of justice doj last year announced the federal bureau of prisons bop would no longer contract with private prison corporations.

Does jeff sessions hold investments in private prisons. In a brief memo the new attorney general criticised his. They argue that these funds are well diversified funds and therefore the gains from private prisons would be a negligible part of the larger portfolio. Fundamentally their issue is with the assertion that sessions is getting rich through an investment in mutual funds containing large investments in private prison companies geo and corecivic.

Attorney general jeff sessions reversal of a recent doj policy shows that he may prefer to expand the amount of private prisons rather than reduce them. Heres why sessions memo matters officers stand on the roof of and outside the gates at the adams county correctional center in natchez miss during an inmate disturbance at. Attorney general jeff sessions reversal.

Attorney general jeff sessions holds stock in the private prison industry and stands to benefit financially from decisions to restore federal use of private prisons and to seek maximum penalties for nonviolent drug offenses. Does jeff sessions have investments in the private prison industry. Who owns private prison stock.

The nations two largest for profit prison companies tennessee based corrections corporation of america cca and florida based geo group geo are publicly traded on the new york stock exchange. Memo restoring use of private prisons is good news for one company memo restoring use of private prisons is good news for one company there is an obvious trail from jeff sessions. Jeff sessions on thursday night reversed an obama administration plan to phase out the governments contracts with private prisons.

Ag jeff sessions holds stock in private prison system fictionsummary of erumor. A web site claimed that sessions stood to gain from the recent reversal of an obama era policy on private prisons.

Fact Check Does Jeff Sessions Have Investments In The