Palantir: Profiting From Deportation

When Stephen Miller entered the White House in January 2025, he held between $100,001 and $250,000 in Palantir Technologies stock — held in his child's brokerage account but legally his per OGE rules. Palantir's stock was up 80% in 2025 — the highest-performing stock in the S&P 500.

Palantir is not a random tech company. It is the primary technology contractor for ICE — the agency Miller directly oversees. In April 2025, Palantir won a $30 million ICE contract for "ImmigrationOS" — a system providing "near real-time visibility" into migrants, running through September 2027. Overall, Palantir has received over $900 million in federal contracts since Trump took office.

Miller kept the stock for nine months after entering government — nine months during which he was making daily decisions that directly affected Palantir's largest government client.

The conflict:

Miller oversaw ICE operations → ICE awarded contracts to Palantir → Palantir's stock price reflected those contracts → Miller held Palantir stock.

And it wasn't just Miller. Kara Frederick, Miller's senior policy advisor, held $50,001–$100,000 in Palantir stock. At least 10 other White House officials also held Palantir stock during this period. Rep. James Comer (R-KY) bought Palantir stock the day after inauguration — January 21, 2025.
SOURCE: OGE Form 278e, POGO investigation (Project on Government Oversight), NYT, American Immigration Council
"If he hasn't stepped over the line, he's just on the verge of it." — Don Fox, former head of the Office of Government Ethics
"I just don't think anybody would be comfortable with him keeping this stock." — Virginia Canter, Democracy Defenders Fund

Miller finally dumped the stock in August 2025 — only after POGO (Project on Government Oversight) exposed the conflict publicly. Ethics experts compared it to Dick Cheney's Halliburton arrangement during the Iraq War.

The bigger picture:

Y Combinator co-founder Paul Graham put it bluntly in April 2025: Palantir is "building the infrastructure of the police state." Miller oversees the police state. Miller held Palantir stock.
SOURCE: Paul Graham, April 2025

Rushmore Ventures: The Family Firm

Before entering government, Miller served as President of Rushmore Ventures LLC, drawing a salary of $202,000. The details of this firm reveal a web of family financial entanglement:

Rushmore Ventures structure:

President: Stephen Miller ($202K salary)
Secretary: Glenn Waldman — Miller's father-in-law (Katie Miller's father)
Registered Agent: Waldman's law firm in Fort Lauderdale
Address: Waldman's Fort Lauderdale law office
Clients: Trump 2024 campaign, Trump presidential transition
SOURCE: Florida corporate records, OGE Form 278e

To summarize: Miller ran a firm where his father-in-law was secretary, operating out of his father-in-law's law office, whose clients included the campaign and transition of the President who appointed him. The family financial intertwining and political access operate as a single system.

America First Legal: The Shadow Government Pipeline

Between government stints, Miller founded America First Legal Foundation (AFL), where he drew a salary of $508,659 in his final year. AFL was funded through DonorsTrust — a dark money vehicle that shields donor identities.

Here's how the pipeline worked: AFL filed legal complaints against government agencies. Then Miller entered the White House and those same agencies acted on those complaints. The organization Miller built to pressure government from the outside became the template for what he implemented from the inside.

The revolving door:

AFL co-founder Gene Hamilton is now Deputy White House Counsel — the lawyer advising the President on the legality of policies that Hamilton's own organization advocated for. Miller received $175,000 in pre-government bonuses flagged by ethics watchdogs. The Patriot Legal Fund covered Miller's personal legal bills.
SOURCE: AFL tax filings, OGE Form 278e, CREW analysis

The Full Picture

Palantir stock while overseeing ICE. Over $900 million in Palantir federal contracts. A family firm servicing the Trump campaign. A dark-money-funded organization whose agenda became government policy. $175K in flagged bonuses. Legal bills paid by political allies. His own senior policy advisor held Palantir stock too.

This is the financial web surrounding the man who controls U.S. immigration enforcement, who promoted white nationalist literature, and who fabricated a cover story for the Minneapolis killings.

He has never faced a Senate confirmation hearing. He has never been required to answer questions about any of this under oath. But you can do something about that.

What You Can Do
Take Action — Specifically
Not "contact your representative." Specific people, specific committees, specific phone numbers, specific words. Here's what actually works.
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