JPMorgan Chase has launched a $1.5 trillion "Security and Resiliency" plan aimed at supporting critical industries in the U.S., aligning its financial strategy with national interests amid global geopolitical tensions. The initiative targets sectors such as supply chains, defense, energy independence, and advanced technologies, representing a significant shift in how finance engages with industrial policy.
JPMorgan Chase is launching a decade-long initiative to invest up to $10 billion in key industries deemed crucial for U.S. national security, including defense, aerospace, advanced technologies, and energy. The initiative aims to provide $1.5 trillion in funding and addresses concerns over reliance on foreign sources for critical materials and products amid rising tensions with China. CEO Jamie Dimon emphasized the importance of strengthening America's economy and reducing regulatory obstacles.