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Companies reap $22bn from Trump’s immigration crackdown artwork
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Companies reap $22bn from Trump’s immigration crackdown

Behind The Money with the Financial Times by Topher Forhecz

Feb 25, 202625:41Business

Raids by the US Immigration and Customs Enforcement have made national headlines. But behind ICE’s operations, a sprawling web of private companies – from global powerhouses to niche family-run businesses – have secured...

About This Episode

Companies reap $22bn from Trump’s immigration crackdown is an episode from Behind The Money with the Financial Times by Topher Forhecz. Raids by the US Immigration and Customs Enforcement have made national headlines. But behind ICE’s opera...

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Episode Details

Published Feb 25, 2026, 25:41 long, audio available.

Questions About This Episode

What is Companies reap $22bn from Trump’s immigration crackdown about?

Raids by the US Immigration and Customs Enforcement have made national headlines. But behind ICE’s operations, a sprawling web of private companies – from global powerhouses to niche family-run businesses – have secured hundreds of millions of dollars in government contracts. Peter Andringa from the FT’s visual investigations team spent months crawling through federal documents and data sets to put together a picture of the companies that make up this web. Clips from ABC7 News Bay Area, CBS 6 Albany, C-SPAN, Donald J Trump, Fox 26 Houston, Fox Nashville, Fox News, NBC Connecticut, The New York Times The FT does not use generative AI to voice its podcasts. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading: Companies reap $22bn from Trump’s immigration crackdown Trump’s immigration data dragnet The booming business of Trump’s deportation flights For further listening: Palantir’s relentless rise US uses private data to track immigrants - - - - - - - - - - - - - - - - - - - - - - - - - - Follow Peter Andringa on X ( @peterjandringa ), or on Bluesky ( @peter.andringa.me ) Michela Tindera is on X ( @mtindera07 ) and Bluesky ( @mtindera.ft.com ), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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Companies reap $22bn from Trump’s immigration crackdown is an episode from Behind The Money with the Financial Times by Topher Forhecz.

How long is this episode?

This episode is 25:41 long.

When was this episode published?

This episode was published on Feb 25, 2026.

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Where can I listen to Companies reap $22bn from Trump’s immigration crackdown?

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Which podcast is this episode from?

Companies reap $22bn from Trump’s immigration crackdown is from Behind The Money with the Financial Times by Topher Forhecz.

What are the episode details?

Published Feb 25, 2026 and 25:41 long