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It may come<\/span> as little surprise that President Donald Trump\u2019s administration is benefitting the wealthy. Trump\u2019s plan to fund $5 trillion in tax cuts for corporations and the uber-rich relies on cutting hundreds of billions of dollars<\/a> in services for working people, including Medicaid.\u00a0<\/p>\n But just how billionaires and corporate oligarchs stand to benefit from Trump\u2019s policies \u2014 namely his deportation and surveillance regime \u2014 is outlined in detail in a new report<\/a> from the Center for Popular Democracy in Action, the campaign arm of the nonprofit advocacy group.<\/p>\n The usual characters won\u2019t shock anyone: major Trump campaign donors like Elon Musk (whose recent rift with Trump may not last<\/a>), Amazon founder and Washington Post owner Jeff Bezos, or Palantir<\/a> co-founder Peter Thiel. Trump wants to deregulate sectors<\/a> from artificial intelligence to the environment and labor, and cut corporate taxes for Bezos and other billionaires. But other corporate executives are already quietly enriching themselves on Trump\u2019s policies.<\/p>\n \u201cTrump\u2019s \u2018oligarchs\u2019 are billionaires who are attempting to control political decisions in order to increase their wealth,\u201d the report said.<\/p>\n <\/p>\n <\/p>\n Take private prison executive and millionaire George Zoley, an immigrant from Greece who founded GEO Group, the nation\u2019s biggest private prison and immigrant detention company. During an earnings call<\/a> in November, Zoley, a registered Republican, said Trump\u2019s policies presented an \u201cunprecedented opportunity\u201d for the company to double its services. The company has also massively expanded its work in surveillance technology<\/a> to assist in deportations.\u00a0<\/p>\n Zoley\u2019s comments were prescient. GEO Group has doubled<\/a> its stock value since Trump\u2019s election. The company claims to be the largest contractor for Immigration and Customs Enforcement and was awarded a $1 billion contract by ICE in February to open the largest ICE detention center<\/a> on the East Coast. The company runs the Louisiana immigration detention center where Mahmoud Khalil<\/a> is currently being held. GEO Group is also poised to reap profits<\/a> after Congress passed the Laken Riley Act<\/a>. The company has received $9 million in state and local subsidies over the last 17 years. GEO Group did not respond to a request for comment.<\/p>\n GEO Group is just one of several companies profiting off of the Trump administration\u2019s efforts to fast-track deportations<\/a> and beef up surveillance capacities<\/a>. Of course, companies like GEO Group, Palantir, and Amazon also saw major profits under former President Joe Biden, but Trump has opened new doors for the country\u2019s corporate oligarchs.<\/p>\n \u201cTrump\u2019s presidency is a vehicle for billionaires to loot the government and line their own pockets, while working people bear the cost,\u201d Popular Democracy in Action co-executive directors Analilia Mejia and DaMareo Cooper said in a statement. \u201cThese cuts to Medicare, housing, SNAP benefits, and immigrant protections aren\u2019t accidents \u2014 they\u2019re part of a calculated scheme to turn public suffering into private profit.\u201d<\/p>\n The administration has emboldened corporate executives to exert their already-strong political power. More than 10 billionaires have positions in the Trump administration, and his Cabinet is the richest in history. At least seven other ultra-wealthy Trump donors and corporate executives are pulling political levers, the report notes.<\/p>\n <\/p>\n