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The Lever’s daily email newsletter.🔥 Today’s Lever story: Backed by tech money and Donald Trump’s executive orders, one entrepreneur is out to replace teachers everywhere with AI.
👇 Spend three minutes reading this 840-word newsletter to learn about:
- Immigration advisor Stephen Miller’s six-figure stake with an ICE contractor.
- An Iranian state bank’s infamous former landlord.
- How the GENIUS Act puts us all on the hook for Amazoncoin.
- Traditional lenders' response to the "buy now, pay later" explosion.
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TODAY'S NUGGETS
💸 Deportation-driven dividends. In new filings, homeland security adviser and mass deportation architect Stephen Miller disclosed owning at least $100,000 worth of stock in defense technology and surveillance firm Palantir this spring, reports the Project on Government Oversight. Founded by Peter Thiel (a GOP megadonor and ally to President Donald Trump), Palantir has been tapped by a variety of federal agencies for its surveillance technologies, including Immigration and Customs Enforcement, which works with the company to locate migrants tagged for deportation.
- Miller’s investment has likely paid off: Palantir has vastly outperformed other Big Tech competitors so far this year.
