BREAKING: Stephen Miller’s Financial Stake in ICE Contractor Palantir Raises Conflict Concerns
POGO report shows top Trump adviser owned six-figure stock in company profiting off deportations.
WASHINGTON — Stephen Miller, the influential Trump administration aide behind its hardline immigration policies, holds a substantial financial stake in Palantir Technologies — a key tech contractor for U.S. Immigration and Customs Enforcement — raising new ethics questions, according to a report published Tuesday by the Project on Government Oversight.
Miller, who served as President Donald Trump’s senior advisor on immigration and homeland security, disclosed owning between $100,001 and $250,000 of Palantir stock as of mid-March, according to financial disclosure forms obtained by the watchdog group. Ethics experts told POGO that Miller’s dual role crafting enforcement policy and investing in Palantir, which provides “mission-critical” data services for ICE, could amount to a troubling conflict of interest.
“Given Miller’s deep involvement in ICE policy and operations, this is more than just a bad look — it could easily become a serious ethics issue,” Don Fox, former acting head of the Office of Government Ethics, told POGO. “You don’t want to be in a position to say, ‘Mr. President, I can’t work on that because I have a conflict.’”
Virginia Canter, chief counsel for ethics and anticorruption at Democracy Defenders Fund and a former federal attorney, added that Miller appeared to be “just on the verge” of breaking ethics rules.
Palantir’s ICE contract and political connections have long been controversial. The company’s tools have enabled ICE agents to identify, detain and deport people, including through recent enhancements that give officers near-real-time data on self-deportations. Meanwhile, Palantir stock has surged more than 80% this year, making it one of the top performers on the S&P 500.
Miller’s disclosure also revealed that the Palantir stock is held in one of his children’s brokerage accounts, but federal ethics rules apply the same legal standards to assets owned by spouses or minor children.
In a statement to POGO, the White House defended Miller’s disclosures and said he will continue to recuse himself from decisions that could directly impact his personal investments. Palantir did not respond to POGO’s request for comment.
The report follows a pattern of Trump appointees and allies with financial interests in Palantir. POGO previously documented that at least 10 other current or former White House and Department of Homeland Security staffers also owned stock in the company. Four Trump appointees at DHS have reported owning Palantir shares, including Paul Ingrassia, White House liaison to DHS, who was recently nominated to lead the U.S. Office of Special Counsel.