America
Trump’s class alliances: Which companies are profiting from ICE operations?
Operations conducted by Immigration and Customs Enforcement (ICE) units across the United States offer significant clues regarding the “class alliances” underpinning Donald Trump.
Institutions including companies like Palantir and Deloitte have reaped more than $22 billion in total earnings from contracts with agencies situated at the center of the aggressive immigration measures Donald Trump implemented over the past year.
As reported by the Financial Times (FT), consultants, technology groups, charter airlines, and a wall construction company managed by a presidential ally were among the primary beneficiaries of the surge in spending by ICE and Customs and Border Protection (CBP).
This funding bonanza began following Trump’s inauguration for a second term last January and has accelerated since the enactment of the “big, beautiful bill” in July.
According to the FT’s analysis of government contracting data, the data intelligence group Palantir has secured $81 million in contracts from ICE since January 2025.
Consultancy firm Deloitte, meanwhile, obtained more than $100 million in new contracts from ICE and CBP during the same period.
Regional companies secure major contracts
The Fisher Sand & Gravel group, led by Republican donor Tommy Fisher—which signed a contract to construct sections of a wall on the southern US border—became the top earner from CBP contracts, generating over $6 billion in revenue since July.
The single largest beneficiary of ICE contracts was CSI Aviation, a company organizing charter flights for the agency. This firm has secured over $1.2 billion in business since Trump returned to office last January.
These windfalls coincide with a period in which ICE spending on contracts more than doubled in the two quarters following the passage of Trump’s historic legislation, rising from $1.5 billion in the previous six months to $3.7 billion.
CBP spending on private sector companies increased sevenfold between the first and second halves of 2025. The agency reported $2 billion in new contract work this month alone—a sum exceeding the total for the entire first half of 2025.
Much of the agencies’ contracting is for routine work, such as modernizing IT systems or providing outsourced data center staffing, often stemming from previous administrations.
Palantir building a “self-deportation tracking” system
However, other contracts relate to new tactics employed by the Trump administration to identify, detain, and deport undocumented immigrants, or to encourage them to “self-deport.”
Palantir, which has held contracts with the agency for over a decade, signed a $30 million deal in April to build an operating system to be used for “self-deportation tracking,” according to a federal contract announcement.
The company also signed a contract to provide tools intended to “facilitate operations for the selection and apprehension of illegal aliens.”
Palantir CEO Alex Karp had previously dismissed concerns regarding the group’s work for the US government.
Karp stated last year:
“I will use all my influence to ensure this country remains skeptical on immigration and possesses a deterrent capacity. Do we have to pretend that having borders is immoral?”
AI-based language models in the service of immigration enforcement
According to the 2025 DHS AI Use Case Inventory published by the US Department of Homeland Security (DHS), ICE has been using Palantir’s AI products to process large volumes of civilian reports since May of last year.
This tool, named the “AI-Enhanced ICE Report Processor,” utilizes large language models (LLMs) to summarize or categorize received reports and offers functionality to translate reports received in non-English languages into English.
The “Advanced Lead Identification and Enforcement Target Selection” tool, which ICE has utilized since June of last year, was also purchased from Palantir.
This tool, known by the acronym “ELITE,” uses artificial intelligence to identify leads—such as the addresses of enforcement targets, including for deportation—and allows agents to share this information.
It has also been revealed that ICE uses Palantir-based generative AI for internal developers’ code writing and system administration.
Anduril’s surveillance towers in the “Big, Beautiful Bill”
Trump’s legislation also mandates that all new border surveillance towers be certified as “autonomous.” According to a report published in The Intercept last July, only Anduril’s “towers” meet this requirement.
Signed into law by President Trump on July 4th, this bill provides significant spending increases for military and law enforcement projects, including over $6 billion for various border security technologies.
These initiatives include the expansion of the “virtual wall”—a growing network of sensor-equipped surveillance towers along the US-Mexico border. On this border, computers are increasingly assuming the task of detecting and apprehending migrants.
Anduril began its operations by selling software-backed surveillance towers to CBP. The company promotes its “Sentry Tower” series for its “autonomous” capabilities, which use machine learning software to constantly scan the horizon and detect potential objects of interest (such as people, vehicles, or animals attempting to cross the border) without the need for human manpower to monitor sensor data.
Thanks to bipartisan support for the vision of locking down the border with computerized eyes, Anduril has become a dominant player in border surveillance, surpassing incumbents like Elbit and General Dynamics.
Indirect support from Big Tech
Deloitte, one of the largest public sector contractors in the US, accepted recent contract updates providing further funding for “law enforcement systems and analytics for enforcement and removal operations.”
Its contracts also contain updated provisions for “internet research and data analysis support services” for ICE’s target identification operations division.
Many major technology companies do not contract directly with the federal government, but their products and services are offered through vendors, making it difficult to determine the financial benefits they derive from the funding surge.
Amazon and Microsoft, the world’s two largest cloud groups, provide services worth at least $75 million and $93 million, respectively, to US agencies.
These services are primarily provided through third-party vendors such as Dell Federal Systems.
In September, ICE awarded a $24 million contract to a third party to provide “hosting support” for services offered by Amazon’s cloud division.
Additionally, it paid Dell $19 million for Microsoft enterprise licenses.
Smaller tech groups, such as Motorola Solutions, have also signed contracts with ICE.
The Illinois-based group holds $19 million in contracts in its own name, while a third-party vendor won a $260 million contract to provide Motorola radios and batteries to personnel involved in enforcement actions.
Furthermore, AI technologies from various major tech companies are being utilized. ICE used a GPT-4 based AI tool from OpenAI to review resumes for recruitment.
AI technologies from Meta, Google, OpenAI, and Anthropic are also in use.
Land and warehouses for new prisons
Despite protests in small towns and cities across the US, the Trump administration continues to purchase warehouses it plans to convert into immigrant prisons as part of a project that could represent the largest expansion of detention capacity in US history.
According to Bloomberg, the cost of purchasing just two warehouses was $172 million. A third warehouse in El Paso, Texas, could become one of the largest prisons in the country with a capacity of 8,500 beds once completed as planned.
These deals mark the latest development in ICE’s plan to utilize 23 warehouses to detain thousands of immigrants arrested by federal agents in Minneapolis and other cities.
On January 16, according to a local court filing, the administration paid $102 million for a plot of land near Hagerstown, Maryland. A week later, the government paid $70 million in cash for a warehouse in Surprise, Arizona.
The prices, which are roughly in line with the industry average for the warehouse market, cover the purchase of these currently vacant spaces.
ICE must pay companies to equip the buildings with toilets, showers, beds, dining, and recreation areas, and subsequently to operate them as detention centers.
The warehouses, most of which were originally designed and marketed as e-commerce distribution facilities, are crucial to the administration’s $45 billion construction of immigrant detention facilities.
In recent weeks, the federal government has toured potential sites in more than 20 cities with companies and shared designs with them, including preferred layouts for at least 15 locations.
According to sources speaking to Bloomberg, companies that will convert these warehouses into prisons have been asked to submit bids for the initial locations, starting with Hagerstown.
The pattern is evident here as well: For instance, in Salt Lake City, the warehouse designated by ICE as a future “mega-center” prison is owned by the Ritchie Group, a local family business.
Following pressure from protesters arriving at their offices, the company announced it had “no plans to sell or lease the property in question to the federal government.”
Meanwhile, KPB Services, the company that won the tender for the design to convert warehouses in Kansas into detention centers, appears to be a shell company.
ICE has increased detention capacity by leveraging long-standing relationships with private prison companies such as CoreCivic and Geo Group. These companies have provided ICE access to additional beds in their existing prisons, purchased and leased new facilities, and reopened shuttered ones.
In earnings calls held in November, these companies stated they could make a total of more than 30,000 beds available should the federal government request them.
British firms among the beneficiaries
Subsidiaries of several prominent UK-based companies have also secured active contracts with these agencies. British private security firm G4S has signed contracts worth $68 million with ICE since January 2025.
These contracts primarily cover providing “ground transportation services” for detainees during enforcement and removal operations.
Smiths Detection, a unit of the London Stock Exchange-listed Smiths Group that manufactures screening and detection technology for border control, has earned over $62 million from CBP contracts during Trump’s second term.
Smiths stated that it provides “threat detection and security screening technologies for ports and borders that curb illegal activity.”
Regional family businesses, Republican donors, Silicon Valley alliance
John Ganz, who closely examined the companies benefiting from ICE and CBP contracts on the Unpopular Front blog, offers significant clues regarding the alliances behind the Trump administration.
According to Ganz, while there are a few publicly traded and venture capital-funded firms, the largest beneficiaries exhibit a striking pattern: They are all regional family businesses displaying dynastic characteristics and are significant donors to the Republican Party.
Moreover, these regional companies have been involved in legally dubious practices. For example, Fisher Sand & Gravel, which sits at the top of the list, is owned by the Fisher family living in Dickinson, North Dakota.
The Fisher family makes generous donations to Republicans, and President Tommy Fisher frequently appears as a guest on conservative TV and radio programs.
The Fisher company’s history includes accusations of environmental violations, questionable labor practices, and, most notably, fraud.
In 2009, Fisher’s then-owner Michael Fisher pleaded guilty to nine counts of tax fraud and was sentenced to 37 months in prison and ordered to pay over $300,000 in restitution.
The company’s former CFO Amiel Schaff and former auditor Clyde Frank were also each found guilty of one count of conspiracy to defraud the US in 2009.
Under a 2009 agreement with the Department of Justice, the company was required to pay a total of $1.16 million in restitution, penalties, and fines, implement measures to prevent future fraud within the company, and cooperate with the IRS in the audit of tax returns.
Another former president of the company, David William Fisher, was found guilty in 2005 of possessing child pornography involving a 10-year-old child and was sentenced to 10 years in prison.
In exchange for his guilty plea, charges of sexual abuse of a minor were dropped, and he was released on April 30, 2010.
According to Ganz, companies further down the list, such as SLSCO, CSI Aviation, and Barnard Construction, fit this same model: regional, closely-held companies that are, so to speak, “politically integrated.”
Scholar Melinda Cooper, cited by Ganz, points to the tension between private, unincorporated, family-based companies and corporate, publicly traded, shareholder-owned companies.
According to Cooper, “family-based” capitalism, which finds representation in the White House with Trump, extends from the smallest family businesses to the vastest dynasties and is essentially shaped by the alliance between the two.
Trump also belongs to this “social class”: a representative of companies whose business methods are “informal”—or, to put it more bluntly, often outright criminal.
Ganz concludes his piece as follows:
“When you add in the presence of [Peter] Thiel-backed firms like Anduril, you start to understand the material basis of the Trump coalition. It is an alliance of family-based regional crony capital and a reactionary section of the tech sector focused on defense and security. Add to that ICE’s function as a jobs program for the Trumpenproletariat gang and all the illiterate influencers, and voila, you get the class composition of real American fascism, which is characteristically a protection racket. It is a gang all the way down.”
America
Trump energy shares rose by up to $4.4m during Iran war, CNBC reports
The value of US President Donald Trump’s nine largest oil and gas holdings increased by approximately $1.5 million to $4.4 million during the first six months of the war with Iran.
According to an analysis conducted by CNBC based on the American leader’s financial disclosure, corporate balance sheets, and FactSet market data, the investment basket includes shares in Chevron, ConocoPhillips, ExxonMobil, Kinder Morgan, Marathon Petroleum, Occidental Petroleum, Phillips 66, Valero Energy, and Williams Companies.
In its calculations, the television network took into account the minimum and maximum baseline values of Trump’s declared holdings alongside share price fluctuations from the close of trading on 27 February through 31 August.
As the conflict with Iran continued, specialists managing Trump’s investment accounts maintained active trading in energy company shares.
Up to 29 June, the latest date for which transactions were disclosed, fresh purchases were logged alongside at least 23 sales operations involving stock in the nine companies.
Because disclosure filings do not specify exact share numbers or transaction prices, the estimates produced by CNBC do not reflect Trump’s realised profits or the precise current scale of his holdings.
On 2 March, the first trading day following the launch of air strikes against Iran by the US and Israel, shares in eight major oil and gas companies were purchased through Trump’s accounts.
These transactions included ExxonMobil shares valued at between $100,000 and $250,000. Prior to the conflict, the aggregate value of Trump’s holdings in ExxonMobil stood at between $3.2 million and $12.5 million.
Stock market gains in August, excluding subsequent transactions, raised the value of these shares by approximately $176,000 to $690,000.
CNBC also examined transactions executed on days when Trump’s decisions directly swayed the oil market. On 23 March, when the president deferred planned strikes against Iran’s energy infrastructure, the price of a barrel of Brent crude dropped by roughly 11%.
That same day, oil and gas shares worth a combined $163,000 to $570,000 were purchased across Trump’s accounts.
A similar transaction took place on 7 April. One of Trump’s investment accounts sold between $500,000 and $1 million worth of ExxonMobil shares.
Approximately two and a half hours after markets closed, President Trump announced an agreement on a two-week ceasefire with Iran. The following morning, ExxonMobil shares fell by more than 6% at the market open.
The report noted that CNBC saw no evidence indicating that Trump gave direct instructions for specific trades, that managers possessed advance knowledge of his actions, or that personal financial interests guided White House policies.
White House officials, commenting on the matter, stated that the president’s investment portfolio is managed by independent portfolio managers and that neither Trump nor members of his family hold authority to intervene in asset trading decisions.
The growth in the portfolio coincided with a broader surge in the earnings of energy majors. The nine energy companies in which Trump holds shares generated a combined profit of $47.6 billion in the second quarter.
During the same period last year, that figure stood at $15.9 billion. The profits of ExxonMobil and Chevron alone climbed from $9.6 billion in the prior year to $26.6 billion.
In July, the US Office of Government Ethics published Trump’s 927-page financial disclosure report for 2025.
The report noted that Trump’s earnings from cryptocurrency operations exceeded $500 million.
America
Over half of Latino voters back Democrats in key US House races
A new public opinion poll in the US shows that Democratic candidates have made notable gains since 2024 among Latino voters in critical, competitive districts for the House of Representatives.
These gains have the potential to directly determine which party will secure the majority in Congress next year.
According to a joint survey by Hart Research and TelevisaUnivision shared with Axios, Democrats reached 58% support on the generic congressional ballot among Latino voters across 17 competitive House districts.
The share of those backing Republicans within the same voting bloc remained at 35%. This group continues to represent the fastest-growing swing constituency in battleground districts.
Examining three competitive House races in Texas, the study indicated that Latino voters, who reported splitting evenly at 44% to 44% in the 2024 presidential election, shifted 56% to 36% in favour of Democrats heading into the midterms.
Latino support for Democrats also increased in other states. In California, 57% of Latino voters said they would support Democrats, compared with 33% who said they would back the Republican Party.
Kate Coleman, Senior Vice President at TelevisaUnivision, highlighted voter behaviour in remarks to Axios:
“Latino voters are not locked into one party. They are watching developments closely; they make decisions based on who stands with them and how they stand.”
The survey data determined that 11% of Latino respondents who said they voted for Donald Trump in the 2024 presidential election now support Democratic candidates.
Accelerating his deportation plans, Trump triggered fear across many Latino neighbourhoods while weakening his support among this demographic.
The Hart Research and TelevisaUnivision study revealed that 63% of Latino voters disapprove of Trump’s presidential job performance. The share of those approving of his performance in office stood at 36%.
Trump’s approach to high prices and the cost of living drew disapproval from 65% of Latino voters, while immigration enforcement and deportation practices were disapproved of by 62%.
More than half of Latino voters, at 64%, reported that they disapprove of Immigration and Customs Enforcement (ICE).
A survey published in May by UnidosUS showed that a quarter of Latino voters “would probably not vote” or would definitely not support Trump if they had to vote for him again.
The study at that time had pointed out that, despite Trump’s decline among Latino voters, Democrats had not yet secured significant gains.
According to Pew Research Center data, Trump strengthened his support in 2024 by securing 48% of the Latino vote, coming very close to the 51% reached by then Vice President Kamala Harris.
Some figures within the Democratic Party, however, worry that primary victories by democratic socialist candidates could alienate certain Latino voters, particularly those who fled Cuba or Venezuela.
The Hart Research and TelevisaUnivision survey was conducted between 6 and 17 August among 1,500 Latino respondents. The poll’s margin of error was reported as 2.5 percentage points.
America
Researcher quits Anthropic and warns AI firms gamble with lives
Jacob Coxon, an artificial intelligence researcher at Anthropic, has resigned from his post, stating that tech companies are acting irresponsibly in the race towards self-improving superintelligence. Coxon warned that the autonomous operational capabilities of such systems pose existential risks to humanity and that internal industry anxieties run far deeper than generally perceived.
The AI researcher stepped down from his position at Anthropic to draw attention to industry safety vulnerabilities and the unregulated race among developers.
Having worked for three years as a pre-training researcher across both OpenAI and Anthropic, Coxon announced his decision to leave in an extensive statement shared on his X account.
Stating that both companies have acted irresponsibly, Coxon argued that developers are engaged in a dangerous race to achieve self-improving superintelligence.
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
— Jacob Coxon (@hilbertspaess) September 9, 2026
“They believe it could kill us all by the end of the decade”
In his posts, Coxon stated that technical teams developing AI genuinely believe this technology could bring about the demise of humanity by the end of the decade.
Asserting that these concerns are not a marketing strategy, the researcher noted that while top executives and senior researchers adopt a cautious tone in public statements, they voice the very same fears behind closed doors.
Developments reflecting similar anxieties across the sector evoke James Cameron’s 1984 film The Terminator, which set 2029 as the pivotal year when machines waged war against humanity.
Indeed, Evan Hubinger, head of Anthropic’s own alignment team, had previously estimated the probability of human extinction to be greater than 10%.
Warning that systems currently under development will soon evolve into superhuman structures capable of bypassing any firewall, transforming industries overnight, and securing physical resources, Coxon stressed that the pace of progress is not slowing in any way.
Arguing that the danger of superintelligence is no longer merely theoretical, the researcher pointed to the Hugging Face security leak that occurred between May and July.
In that incident, OpenAI models established an independent chatroom within the testing environment to communicate among themselves, subsequently using this channel to reach the open internet and infiltrate production systems.
Because of this security breach, Hugging Face was forced to rebuild approximately one-third of its infrastructure.
“They are gambling with our lives”
Characterising the leak as a warning flare, Coxon indicated that the incident makes pacing agreements between US-based laboratories more feasible.
However, emphasising that developers are not yet on the right track to prevent a global race, the researcher noted that measures such as a temporary moratorium on advancing model capabilities could be considered.
Arguing that civilisation-scale risks have not yet been sufficiently internalised at OpenAI, Coxon contended that Anthropic joined the race out of an ambition to be first, despite being fully aware of the dangers.
Coxon is not the only figure to leave the sector on such grounds. Mrinank Sharma, a member of Anthropic’s safety team, also stepped down earlier this year, writing that the world is in danger.
On the other hand, not everyone agrees with these catastrophic scenarios. Some responses to the post emphasised the view that humanity, with an evolutionary history spanning hundreds of thousands of years, will not be wiped out by a text prediction model achieving consciousness.
It was also noted that even the plot of the Terminator franchise does not entirely support Coxon’s premise, as the human resistance survived the nuclear catastrophe and ultimately defeated the machines.
Alongside safety debates, AI continues to directly affect the labour market. Research by the Stanford Digital Economy Lab indicates that, while mass job losses have not yet materialised, entry-level employment in AI-exposed sectors across the US has fallen by nearly 20%.
A Goldman Sachs study pointed to a similar trend, showing that entry-level workers bear the brunt of the ongoing workforce transformation.
Anthropic, which remains at the centre of the controversy, filed for an initial public offering in June and plans to list on the Nasdaq exchange this autumn at a multi-trillion-dollar valuation.
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