Published By:The Nation
Immigrant Advocates Just Got JPMorgan Chase to Stop Financing Private Prisons
On March 5, JPMorgan Chase made headlines by announcing that the bank would no longer finance private-prison and immigrant-detention companies. This is the first major bank to make such an announcement, marking a potential sea change in the fight against private prisons. But it’s more than that—it also marks the sophistication and tactical savvy of an immigrant-rights movement that is working to cut off all sources of funding for the private immigrant-detention industry.
Read the full op-ed from CPD's co-executive director, Ana Maria Archila.