This Labor Union Keeps Slamming ICE. But It Has A Financial Interest In ICE Detention Centers.

One of the nation’s leading labor unions has been at the forefront in the fight against Immigration and Customs Enforcement since President Donald Trump returned to the White House. But one of the union’s affiliates is the largest shareholder in a bank that has invested nearly $10 million in companies that contract with ICE, equipping agents for raids and managing illegal alien detention facilities.

The Service Employees International Union (SEIU) and its affiliate, Workers United, have both vocally opposed ICE’s immigration enforcement operations. The SEIU joined recent protests against ICE in Los Angeles and railed against the “ICE terror machine.” The union’s anti-ICE activism hit a fever pitch after SEIU leader David Huerta was arrested by federal agents and charged with conspiracy to impede an officer after he allegedly attempted to prevent federal authorities from executing a search warrant in Los Angeles.

Workers United has said that it is “committed to passing comprehensive immigration reform that allows all immigrant workers to live and work without fear,” and the Starbucks Workers United division has called for “an end to the ICE raids.”

Workers United is also the single largest shareholder in Amalgamated Bank, an ideologically-driven financial institution that parrots left-wing talking points on climate change and the diversity agenda and brands itself “America’s socially responsible bank.” The SEIU affiliate owns 40% of Amalgamated Bank, according to the financial institution. The bank even boasted that the top five Democratic presidential campaigns banked with Amalgamated during the 2020 election season.

But first quarter 2025 disclosures filed with the Securities and Exchange Commission reveal that the bank is invested in at least four companies that contract with ICE or Border Patrol.

The bank held over $1.1 million worth of shares in the GEO Group, which “operates special-purpose, state-of-the-art residential centers on behalf of U.S. Immigration and Customs Enforcement,” according to the group’s website.

The bank’s longstanding investment in the GEO Group appears to have been particularly profitable, with the stock increasing in value by nearly 85% since the last quarter of 2022.

The SEC disclosure indicates that Amalgamated Bank held roughly $633,000 in CoreCivic, which calls itself “a longstanding federal government partner that operates immigration detention facilities.”

Of the top 2o ICE detention centers by detainee population as of January, Amalgamated Bank was invested in 13 of them because it owns shares of the GEO Group and CoreCivic, research from the Center for Union Facts indicates.

“Workers United has backed high-profile organizing campaigns by riding the wave of young workers’ progressive ideals,” said the Center for Union Facts’ Communications Director Charlyce Bozzello. “But behind the union’s carefully crafted image as a social justice warrior lies hypocrisy the union doesn’t publicize. It’s time workers and the public take a hard look at what this union really stands for.”

Amalgamated Bank also held more than $8.1 million worth of shares in Axon Enterprises, which was awarded a multimillion-dollar federal contract to provide ICE agents with tasers. The bank held another $27,000 worth of shares in Cadre Holdings, which does business with ICE and Customs and Border Protection, supplying the federal government with riot control equipment under the brand names “Safariland” and “Aardvark.”

Workers United, SEIU, and Amalgamated Bank did not respond to requests for comment.

Powerful Quake Causes Tsunami, Endangering U.S., Russia, And Japan

A magnitude 8.7 earthquake struck off Russia’s Far Eastern Kamchatka Peninsula on Wednesday, generating a tsunami of up to 4 metres (13 feet), damaging buildings and prompting evacuation warnings in the area and across most of Japan’s east coast, officials said.

“Today’s earthquake was serious and the strongest in decades of tremors,” Kamchatka Governor Vladimir Solodov said in a video posted on the Telegram messaging app, adding that a kindergarten was damaged.

A tsunami with a height of 3-4 metres (10-13 feet) was recorded in parts of Kamchatka, Sergei Lebedev, regional minister for emergency situations said, urging people to move away from the shoreline of the peninsula.

The U.S. Geological Survey said the earthquake was shallow at a depth of 19.3 km (12 miles), and was centred 126 km (80 miles) east-southeast of Petropavlovsk-Kamchatsky, a city of 165,000 along the coast of Avacha Bay. It revised the magnitude up from 8.0 earlier.

The Japan Weather Agency upgraded its warning, saying it expected tsunami waves of up to 3 metres (10 feet) to reach large coastal areas starting around 0100 GMT. Broadcast NHK said evacuation orders had been issued by the government for some areas.

Factory workers and residents in Japan’s northern Hokkaido evacuated to a hill overlooking the ocean, footage from broadcaster TBS showed.

“Please evacuate quickly. If you can move quickly to higher ground and away from the coast,” a newscaster on Japanese public broadcaster NHK said.

The U.S. Tsunami Warning System also issued a warning of “hazardous tsunami waves” within the next three hours along some coasts of Russia, Japan, Alaska and Hawaii. A tsunami watch was also in effect for the U.S. island territory of Guam and other islands of Micronesia.

Hawaii ordered evacuations from some coastal areas. “Take Action! Destructive tsunami waves expected,” the Honolulu Department of Emergency Management said on X.

An evacuation order for the small town of Severo-Kurilsk, south of the Kamchatka peninsula, was declared due to the tsunami threat, Sakhalin Governor Valery Limarenko said on Telegram.

Several people sought medical assistance following the quake, Oleg Melnikov, regional health minister told Russia’s TASS state news agency.

“Unfortunately, there are some people injured during the seismic event. Some were hurt while running outside, and one patient jumped out of a window. A woman was also injured inside the new airport terminal,” Melnikov said.

“All patients are currently in satisfactory condition, and no serious injuries have been reported so far.”

The Kamchatka branch of the Geophysical Service of the Russian Academy of Sciences said it was a very powerful earthquake.

“However, due to certain characteristics of the epicentre, the shaking intensity was not as high … as one might expect from such a magnitude,” it said in a video on Telegram.

“Aftershocks are currently ongoing … Their intensity will remain fairly high. However, stronger tremors are not expected in the near future. The situation is under control.”

Kamchatka and Russia’s Far East sit on the Pacific Ring of Fire, a geologically active region that is prone to major earthquakes and volcanic eruptions.

(Reporting by Anusha Shah Nilutpal Timsina and Mrinmay Dey in Bengaluru, Lidia Kelly in Melbourne and Satoshi Sugiyama in Tokyo; Writing by Lincoln Feast; Editing by Stephen Coates)

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