Bokhari: On Immigration, Guns, and Speech, Banks Act as a Shadow Government

​JPMorgan Chase announced earlier this month that it would stop doing business with private prisons, following pressure from Democrats and progressive activists who know that the private prison sector provides key services to Immigration and Customs Enforcement (ICE).

The decision by JPMorgan is the latest in an increasingly popular tactic by the far left, which is to use the private sector to achieve policy objectives that would be politically or constitutionally impossible if attempted via government.

It also followed a similar decision by Wells Fargo in January, which said it would reduce its business relationships with private prisons as part of its “environmental and social risk management.”