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Photo: Saul Loeb/AFP/Getty Images

Immigrations and Customs Enforcement is holding 50,049 allegedly undocumented immigrants in prisons and jails throughout the U.S. according to numbers released Wednesday, The Daily Beast reports.

Between the lines: That marks an increase of about 2,000 people since January. And although deportations have increased since the beginning of Trump’s presidency, they are still well below the level of deportations the Obama administration oversaw. This decline could be contributing to the record number of people in detention. Meanwhile, ICE arrests are on the rise, per ICE statistics.

  • ICE hasn’t accounted for how it will fund the increase of allegedly undocumented immigrants in detention; in its deal to prevent a government shutdown, Congress funded ICE to hold 45,724 people, which falls short of current detention levels by nearly 5,000 beds.

The big picture, via Heidi Altman, policy director of the National Immigrant Justice Center: “This mass deprivation of liberty and dignity is unnecessary and continues to play out in dangerous ways. Inside the jails people are enduring overcrowding, food consistently described as foul and meager in calories, solitary confinement as punishment for a misplaced word, and more. An expansion this quick and this reckless risks lives.”

Go deeper: Unauthorized immigrant population in the U.S. reaches 10-year low

Go deeper

Dion Rabouin, author of Markets
13 mins ago - Economy & Business

Clash of the central bankers

Photo Illustration: Eniola Odetunde/Axios. Photos: Bloomberg, Samuel Corum (Stringer)/Getty Images

While Fed chair Jerome Powell is brushing off the seismic rise in government bond yields and a corresponding decline in stock prices, a group of central bankers in the Pacific are starting to take action.

Driving the news: Bank of Japan governor Haruhiko Kuroda told parliament on Friday the BOJ would not allow yields on government debt to continue rising further above the BOJ's 0% target.

Biden expresses support for Amazon workers' union vote in Alabama

Photo: Joe Raedle/Getty Images

President Biden expressed support for a union vote by Amazon warehouse workers in Alabama in a two-minute video posted on Twitter Sunday, though he did not name the tech giant specifically.

Why it matters: A vote by workers at the Bessemer, Ala., warehouse to join the Retail, Wholesale and Department Store Union would make the facility the first Amazon warehouse to unionize in the U.S., per NPR. The election will run through March 29.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Miami mayor: Bitcoin's appeal is that governments can't manipulate it

Miami Mayor Francis Suarez is pushing to make bitcoin a part of his city's economic future, and in an interview with "Axios on HBO," he pushed back against the economic orthodoxy of people like Treasury Secretary Janet Yellen who say it's a bad idea.

Why it matters: Miami's inclusion of bitcoin as a way to pay city employees or as part of the city's emergency cash holdings, as Suarez has proposed, would add legitimacy to the cryptocurrency and further entrench it in the U.S. economic system.