Executives at private prison firm CoreCivic expect ‘significant growth’ due to Trump’s policies
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(NEW YORK) — Executives at CoreCivic, one of the nation’s largest private prison companies, said they anticipate the Trump administration’s new immigration policies will lead to “the most significant growth” in the company’s history over the next several years.
“I’ve worked at CoreCivic for 32 years, and this is truly one of the most exciting periods of my career,” CEO Damon Hininger said Tuesday on the company’s earnings call. “We anticipate significant growth opportunities, perhaps the most significant growth in our company’s history over the next several years.”
“The change in presidential administration on Jan. 20 has ushered in significant policy and legislative changes that directly impact our business,” Hininger said on the public call, which comes as Immigration and Customs Enforcement has increased its apprehensions of people alleged to be in the country illegally.
Hininger told shareholders that the company is taking proactive steps to prepare facilities and beds in anticipation of potential new contracts with ICE.
CoreCivic executives on the call said they currently speak almost “hourly” with ICE officials and with members of the administration, and have “active tours going on” at their facilities.
“We’ve got a proposal in front of ICE for 28,000 beds,” one executive said, adding that the offer could result in more than a billion dollars in revenue for the company.
The 28,000 beds offered to ICE comes from vacant facilities that are not currently activated, as well as from availability in existing facilities and from the South Texas Family Residential Center, the nation’s largest migrant detention center that was closed in 2024, executives said.
ICE officials did not immediately respond to a request for comment from ABC News.
In response to questions about the administration’s decision to use Guantanamo Bay and a prison in El Salvador to hold migrant detainees, executives for CoreCivic said they believe their facilities are “superior” to the alternatives when it comes to cost and logistics.
“We’ve got a real advantage on the cost side, especially in this environment. We’ve got DOGE out there looking at the best value for the government,” Hininger said, referencing Elon Musk’s new Department of Government Efficiency.
The CoreCivic CEO also said he believes the company’s facilities are less likely to face litigation, and said they are “more humane than the other alternatives.”
“We’re feeling very encouraged by the conversations with ICE to date,” Hininger said. “We’ve got a lot of activity going on in the organization, a lot of opportunities, so it’s a very exciting time within the company.”
(NEW YORK) — The Trump administration has instructed New York City to end its congestion pricing program, the first of its kind in the nation, by March 21 in a newly released letter.
The Federal Highway Administration said the Metropolitan Transportation Authority must stop collecting tolls by that date to allow for an “orderly cessation.”
The letter is dated Feb. 20, a day after the U.S. Department of Transportation said it pulled federal approval of the plan following a review requested by President Donald Trump.
New York officials have said they will not turn off the tolls without a court order.
“We have said that you may have asked for orderly cessation, which was the phrase that came in the letter to us. I will propose something in the alternative — orderly resistance,” New York Gov. Kathy Hochul said during remarks before the MTA board on Wednesday.
The MTA said it is challenging the Trump administration’s reversal in federal court, seeking a declaratory judgment that the DOT’s move is not proper.
The congestion pricing plan, which launched on Jan. 5, charges passenger vehicles $9 to access Manhattan below 60th Street during peak hours as part of an effort to ease congestion and raise funds for the city’s public transit system. During peak hours, small trucks and charter buses are charged $14.40 and large trucks and tour buses pay $21.60.
Hochul called the program’s early success “genuine” and “extraordinary” in her remarks to the MTA board.
The toll generated nearly $50 million in revenue in its first month, the MTA said this week.
From Jan. 5 to Jan. 31, tolls from the congestion pricing program generated $48.66 million, with the net revenue for that period $37.5 million when taking into account expenses to run the program, the MTA said.
The program is on track to generate $500 million in net revenue by the end of this year, as initially projected, the MTA said.
Congestion has also “dropped dramatically” since the program went into effect, Hochul said last week.
ABC News’ Clara McMichael contributed to this report.
(NEW YORK) — In a letter to the Trump administration this week, electric automaker Tesla raised concerns about President Donald Trump’s ongoing tariffs, warning that the company could be “exposed” to retaliatory tariffs and urging the administration to “consider the downstream impacts.”
The comments were made in an unsigned letter on Tesla letterhead to United States Trade Representative Jamison Greer. It came after the USTR office earlier this year said it would be conducting a “review of unfair trade practices.”
The letter, dated March 11, comes from the company of tech billionaire Elon Musk, who has been leading the effort to slash government spending and downsize the federal workforce. It’s unclear if Musk was personally involved in sending the letter, and he has not addressed it on his social media platform, X.
As ABC News has reported, some Tesla shareholders have publicly questioned Musk’s commitment to the company as Tesla shares have fallen dramatically since Musk joined the Trump administration.
“As a U.S. manufacturer and exporter, Tesla encourages USTR to consider the downstream impacts of certain proposed actions taken to address unfair trade practices,” the letter said.
Tesla representatives did not respond to questions from ABC News, including questions regarding who wrote the letter. A White House spokesperson did not immediately respond to a request for comment.
In the letter, Tesla noted that tariff actions by the Trump administration have resulted in “immediate reactions” by the targeted countries, including increased tariffs on electric vehicles.
“Past U.S. special tariff actions have thus (1) increased costs to Tesla for vehicles manufactured in the United States, and (2) increased costs for those same vehicles when exported from the United States, resulting in less competitive international marketplace for U.S. manufacturers,” the letter said. “USTR should investigate ways to avoid these pitfalls in future actions.”
The letter also urged the administration to take into consideration supply chain issues when it comes to “future trade policy actions,” pointing, as an example, to what they say are shortages of lithium-ion batteries despite the company’s own efforts to manufacture them domestically.
“Nonetheless, even with aggressive localization of the supply chain, certain parts and components are difficult or impossible to source within the United States,” the letter states. “Tesla supports a process by USTR to further evaluate domestic supply chain limitations to ensure that U.S. manufacturers are not unduly burdened by trade actions that could result in the imposition of cost-prohibitive tariffs on necessary components, or other import restrictions on items essential to support U.S. manufacturing jobs.
“Trade actions should not (and need not) conflict with objectives to further increase and support domestic manufacturing,” the letter said.
ABC News’ Will Steakin and Kelsey Walsh contributed to this report.
(LOS ANGELES) — The fires blazing through Los Angeles County are the latest unprecedented natural disaster likely amplified by our changing climate. In the weeks and months to come, climate attribution science will determine by just how much.
However, we do know that heavy rains, followed by drought and mixed with winds and low humidity created a perfect storm of conditions — just weeks after Hurricane Helene ripped through North Carolina’s Buncombe County, with fatal floods and landslides 400 miles from where the storm made landfall.
Experts say that extreme weather events worsened by climate change are knocking on the doors of people across the country, and local officials must proactively prepare their regions before their residents become the next victims of tragedy.
“One of the things that every local government, every city government, should be doing right now, and the cost is well worth it, is investing in very comprehensive climate risk assessments,” Albany Law School’s climate policy expert Cinnamon Carlarne told ABC News.
These risk assessments look at the potential harms facing a community, their exposure level and vulnerability to disaster — properly setting regions up to plan for and minimize the destruction a disaster can cause.
If lawmakers don’t take action, the toll — both in human life as well as economic damages — will only compound, according to Thomas Culhane, a professor of global sustainability at the University of South Florida.
“I’m frustrated that my now cousin’s home may be lost, and her family was in jeopardy, and my family is in jeopardy because there hasn’t been enough good dialogue about all the incredible solutions that we’ve had for thousands of years, for hundreds of years, for decades, some brand new,” Culhane told ABC News. “We’re not getting together and discussing and then implementing so people can see with their own eyes.”
Los Angeles County is no stranger to extreme weather events. But according to California Department of Forestry and Fire Protection, seven of the 10 largest wildfires in California history have occurred since 2017.
A recent assessment of LA County’s risk and vulnerability found that it was likely that wildfire conditions such as drought, high winds and extreme heat would compound.
The report found that areas between “urbanized land and undeveloped wildland vegetation” often sit within high or very high fire hazard severity zone. Notably, these hazard zones include the regions where the Palisades and Eaton Fires are burning.
It said that 19% of residents live in “Very High Fire Severity Zones” and developers continue to build in these areas despite concerns. The report noted that builders of new housing or infrastructure in such areas must follow requirements that “limit the impacts of wildfire on these properties,” including fire-resistant roofing, improved attic ventilation, tempered glass for exterior windows and maintaining 100 feet of “defensible space” between their structure and nearby landscaping or wildlands.
According to an October 2024 draft Climate Vulnerability Assessment from the office of LA City Planning, officials and researchers took the risk assessment back to communities to garner feedback about the best ways to implement mitigation strategies and create resilient infrastructure that stands strong in the face of climate disasters.
The draft assessment highlighted potential solutions to prevent against wildfire damage.
This included enforcing zoning restrictions to prevent new development in regions with high wildfire risk; requiring building codes in high hazard areas to include the use of fire resistant materials; ensuring reliable water sources and road access for emergency vehicles; and the installation of backup power in strategic locations to maintain essential services during outages.
Additionally, the draft also noted plans to “strengthen power lines, utility poles, and communication networks in wildfire-prone areas to withstand fire impacts” and “create and maintain fire defensible space around structures and infrastructure.”
The draft also encourages the use of indigenous fire risk reduction practices, such as intentional burns. It also suggests that community members can take part by clearing potential wildfire fuel such as dry underbrush, as well as restoring native habitat and plants.
The LA County Office of Sustainability and the LA City Planning office has not responded to ABC News’ request for comment about the climate assessments.
“When you look into indigenous practices or local practices, you see people dealt with these extremes by developing systems and then we ignored them,” Culhane said. “We set up systems that were bound to fail.”
He continued, “If you took seriously the catastrophic potential … put the money in because then we don’t have to pay later. The recovery costs are huge.”
This doesn’t take into account the cost of human life — at least 24 people have been recorded to have died thus far, according to officials.
If cities around the country can uncover and address targeted and individualized potential climate resilience techniques, they can save lives, according to Cinnamon Carlarne.
“We’re committed to a certain level of warming going forward, simply because greenhouse gasses are accumulating in the atmosphere, and we are not reducing our greenhouse gas emissions,” Carlarne said.
However, she argues, it’s vital to continue to do the work to ensure the climate does not worsen further and cause more damage.
“So you are starting to see, because the frequency and intensity of disasters is mounting, and the human and economic cost disasters are mounting, that more and more city and local governments are actually starting to engage in planning, to assess infrastructure and to create ways where they can learn from one another,” Carlarne said. “But we have more and more cities and local governments that are actually recognizing this is one of real, serious challenges for their government systems.”