Stephen Miller held up to $250,000 in stock in ICE contractor Palantir while directing the deportation buildup

On June 24, 2025, Stephen Miller, the White House Deputy Chief of Staff for Policy and the administration's homeland security advisor, disclosed holding between $100,001 and $250,000 in stock in Palantir Technologies, a company ICE relies on for data systems that help identify, track, and process deportation targets, according to a Project On Government Oversight (POGO) investigation of his financial disclosure. The stock is held in a brokerage account for one of Miller's children, which the Office of Government Ethics treats as if Miller owns it directly for conflict-of-interest purposes. Miller's prior disclosure, filed in January 2021, did not list Palantir stock, indicating he acquired the holding sometime after leaving his first-term White House role and before directing the current mass-deportation buildup.

POGO found at least 12 Trump appointees across the White House and DHS held Palantir stock, but Miller's holding was among the largest disclosed; most others held amounts below the threshold that triggers criminal conflict-of-interest exposure. Ethics experts told POGO that Miller's hands-on role in immigration enforcement decisions heightens the conflict, since he could plausibly be involved in matters — such as expanding DHS's data-analytics capacity — that directly benefit Palantir. A White House official said Miller has confirmed to ethics officials that he will recuse from matters affecting his individual stock holdings, though the White House did not say he had divested.

Updates

2025-08-14 — Miller divested Palantir and other holdings [5]

Miller reported selling his Palantir stock along with other defense-and-tech holdings (including GE Aerospace, Amazon, Microsoft, and IonQ) on August 14, 2025, according to a new ethics disclosure; the White House said he divested "early in the administration" per Office of Government Ethics and counsel guidance.