Stephen purchased the shares on 2021, after Trump left White House in 2021 however earlier than he launched his large-scale plan to strengthen immigration enforcement.
U.S. White House Deputy Chief of Staff Stephen Miller has made an enormous monetary funding in Palantir that works for US authorities businesses like Immigration and Customs Enforcement (ICE), the CIA, and the Department of Defense.(REUTERS)
As per the report, he purchased the shares in 2021, after Trump left the White House in 2021 however earlier than he launched his large-scale plan to strengthen immigration enforcement. The info was up to date as not too long ago as June 4, as reported by The New Republic.
Last month, Trump’s workforce selected Palantir to assist create a system that may let federal businesses share their information extra simply. This would result in a big database that acts as a instrument for presidency surveillance. Palantir can also be making an attempt to get a job within the US Navy’s efforts to hurry up warship manufacturing. In truth, Palantir has been the best-performing firm on the S&P 500 in 2025, with its inventory going up by 80% thus far this yr.
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Stephen Miller works carefully with ICE
Because Miller works carefully with Immigration and Customs Enforcement (ICE), his funding in Palantir is elevating crimson flags.
Virginia Canter, who’s the chief counsel for ethics and anti-corruption on the Democracy Defenders Fund, instructed POGO that Miller could also be crossing the road. “If he hasn’t stepped over the road, he’s simply on the verge of it,” Canter stated.
“I simply don’t suppose anyone could be snug with him conserving this inventory,” she added.
Trump’s immigration push is already anticipated to learn firms that deal in surveillance and personal prisons. Now, it might additionally assist certainly one of Trump’s high advisers make some huge cash.
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