Private Prisons: Here`s Why Sessions` Memo Matters

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Play FacebookTwitterGoogle PlusEmbed Sessions Expresses Gratitude, Determination After Taking Oath 3:00 autoplay autoplay Copy this code to your website or blogSo, why does Session`s memo matter? The federal government has predicted that private prison populations will dropEven before the August Obama administration memo, the Justice Department saw a weakening reliance on private prisons.
Which, presumably, is why Attorney General Jeff Sessions rescinded a six-month-old Obama administration directive that sought to curtail the government`s use of private prisons.
That includes 21,366 people in private prisons, just 12 percent of the total population.
Since then, companies` share prices have been steadily rising ? and they enjoyed a bump from Sessions` memo.

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