48.1 F
Washington D.C.
Thursday, March 28, 2024

Bank of America to Cut Ties with Companies That Help Run Immigrant Detention Centers, Private Prisons

Bank of America announced Wednesday that it would no longer finance operators of immigrant detention centers and private prisons.

The bank has decided to “exit the relationships” it has with companies that provide detention services at the state and federal level and has been discussing the issue “for some time,” according to a statement provided to USA TODAY.

“The private sector is attempting to respond to public policy and government needs and demands in the absence of long standing and widely recognized reforms needed in criminal justice and immigration policies,” the statement read. “Lacking further legal and policy clarity, and in recognition of the concerns of our employees and stakeholders in the communities we serve, it is our intention to exit these relationships.”

Read more at USA Today

Bank of America to Cut Ties with Companies That Help Run Immigrant Detention Centers, Private Prisons Homeland Security Today
Homeland Security Today
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.
Homeland Security Today
Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

Related Articles

Latest Articles