Fast Company

Stephen Miller has a hefty financial stake in a key ICE contractor

Stephen Miller, a senior Trump adviser, has a significant financial stake in Palantir, a data analytics firm that has contracts with the Department of Homeland Security (DHS) and Immigration and Customs Enforcement (ICE). Miller's investment, valued between $100,001 and $250,000, is the largest among White House staffers and raises serious ethical concerns. Ethics experts argue that Miller's role in shaping immigration enforcement policies, combined with his financial interest in Palantir, creates a potential conflict of interest. Miller has reportedly recused himself from official matters that could affect his stocks, but experts say this may not be enough. Palantir's contracts with DHS and ICE have made it the top-performing stock in the S&P 500 this year, and the company's ties to these agencies have strengthened under the Trump administration. Miller has played a central role in shaping aggressive immigration enforcement policies, including a new benchmark of 3,000 immigration arrests per day. Government ethics experts warn that Miller's financial interest in Palantir could influence his policy decisions and create an ethical conflict. Despite these concerns, Palantir's stock has continued to rise, hitting an all-time high after news of Miller's stake became public. The White House has stated that it is committed to transparency around financial disclosures, but critics argue that more needs to be done to address potential conflicts of interest. Miller's investment in Palantir has sparked concerns about the administration's commitment to ethical governance.
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