Biden promised but failed to end federal use of private prisons. That’s left the industry ready to cash in big under Trump
- Posted on February 5, 2025
- By CNN
- 3 Views
![](https://media.cnn.com/api/v1/images/stellar/prod/01-ap22117078415325.jpg?c=16x9&q=w_800,c_fill)
Biden promised but failed to end federal use of private prisons. That’s left the industry ready to cash in big under Trump
![](https://media.cnn.com/api/v1/images/stellar/prod/01-ap22117078415325.jpg?c=16x9&q=w_800,c_fill)
Shares of private prison companies have grown since the election. Those facilities could expand under Trump, despite claims of abuse and mistreatment.