NEW YORK – Immigration activists see their campaign to get banks to divest from private prison companies as a backdoor way to abolish U.S. Immigration and Customs Enforcement (ICE) by taking away its capacity to detain illegals caught crossing the southern border.
โIt goes even beyond ICE,โ Daniel Carrillo, executive director of Freedom to Thrive, told The Daily Caller News Foundation. โImmigration should be a right.โ
Freedom to Thrive, formerly known as Enlace, has pushed major financial institutions and banks, including JPMorgan Chase, to divest from private prisons since 2010, Carrillo said. The groupโs stated goal is to โend the punishment-based criminal and immigration systems.โ
Activists have focused on two prison companies in particular, CoreCivic and GEO Group. JPMorgan and several other major banks raised $1.8 billion in debt financing with CoreCivic and GEO Group in 2018, according to reports.
JPMorgan Chase is the latest to stop financing CoreCivic and GEO Group amid activist pressure, following in the footsteps of Wells Fargo and U.S. Bank. Now, Carrillo and other activists want to see Bank of America and others follow suit.
โWe operate with open borders,โ Carrillo said with regards to free trade policies. โWhy do we draw the line with people?โ
CoreCivic and GEO Group have derided the campaign against them as politically motivated and based on a misleading characterization of their work with the Department of Homeland Security.
โThese divestment efforts are politically motivated and based on a deliberate mischaracterization of our role as a long-standing service provider to the government,โ a GEO spokesman said in an email to TheDCNF. โThey also willfully ignore the fact that our company plays absolutely no role in passing, setting, or advocating for or against criminal justice or immigration laws and policies.โ
โIt is disappointing JP Morgan will no longer have a role in helping to provide similar solutions for our government partners,โ Amanda Gilchrist, a CoreCivic spokeswoman, said.
โIt is further disappointing that decisions like this are being based on false information spread by politically motivated special interests, who completely mischaracterize our company and the meaningful role we play in solving some of our countryโs biggest challenges,โ Gilchrist told TheDCNF in an email. โIn reality, CoreCivic helps keep communities safe, enrolls thousands of inmates in re-entry programs that prepare them for life after prison and saves taxpayers millions.โ
The call to abolish ICE has grown in liberal circles, including among some Democratic lawmakers. With little chance of accomplishing that goal with legislation, ICE opponents are capitalizing on the fervor over Trump administration immigration policies.
Freedom to Thrive and its allies see the private prison angle as an โorganizing toolโ for their larger agenda to abolish ICE by crippling its private sector partners, Carrillo said. About two-thirds of ICE detainees were in a privately-operated center.
Detention of an illegal immigrants, including families and unaccompanied minors, started under the Obama administration, but only gained national attention in recent years as part of the larger โresistanceโ to President Donald Trump.
Trumpโs declaration of a national emergency at the southern border has only spurred activists to do more to cripple private prison financing.
Activists picketed outside JPMorgan CEO Jamie Dimonโs apartment in Manhattan, drowning out the sounds of the city with recordings of immigrant children crying out for their parents. Activists also disrupted JPMorgan shareholder meetings. The strategy worked.
JPMorgan did not give specific reasons why it made the decision, but media reports widely attributed it to activist pressure.
โJPMorgan Chase has a robust and well established process to evaluate the sectors that we serve,โ spokesman Andrew Gray said in an emailed statement. โAs part of this process, we will no longer bank the private prison industry.โ
In the wake of JPMorganโs decision, Freedom to Thrive released a celebratory statement saying โon the road towards abolition, divestment is just one stop.โ
โWe are fighting for full liberation and freedom for all of our communities locked up behind bars in prisons, jails, immigrant detention centers, youth jails, monitored on electronic shackles, and under state surveillance,โ the group stated.
โWe envision a world beyond prisons, police, and borders,โ Freedom to Thrive wrote on a website it manages on behalf of the larger private prison divestment campaign.
JPMorgan announced its divestment from private prisons days after New York Rep. Alexandria Ocasio-Cortez, a Democrat, called for hearings into banksโ financing of private prison companies used to detain illegal immigrants.
โWeโre going to hold oversight hearings to make these banks accountable for investing in and making money off of the detention of immigrants,โ Ocasio-Cortez said at an event in Queens. โBecause itโs wrong.โ
That event was hosted by Make the Road New York, another group calling for abolishing ICE and divesting from private prisons used to house illegal immigrants. Make the Road an โessentialโ force in getting New York Cityโs sanctuary law on the books, The Nation reported.
Make the Roadโs executive director Javier Valdez co-authored an article in The Nation claiming ICE and border patrol agents โtear apart families and lock people in cageโ and that most deaths of immigrants in U.S. custody occurred in private detention centers. Activists have also claimed private prisons are used to separate children from their families, but CoreCivic and GEO Group said thatโs not true.
โOur company has never managed facilities that house unaccompanied minors, including those who may have been separated from their parents,โ the companyโs spokesman said.
CivicCoreโs Gilchrist said โnone of our immigration facilities provides housing for children who arenโt under the supervision of a parent.โ
Carrillo said the focus on private prisons was an effective โorganizing toolโ for immigration activists. Ultimately, Freedom to Thrive seeks a โnon-punitive approachโ to imprisonment that focuses on what Carrillo called โtransformative justice.โ
โThe alternative is for there to be a path to legalization for folks already here and entering the country,โ Carrillo said, explaining the his groupโs ultimate goal of scrapping the entire U.S. prison system.
โItโs not an overnight process,โ Carrillo said.
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