JPMorgan Chase has unveiled a $1.5 trillion, 10-year Security and Resiliency Initiative aimed at bolstering U.S. national economic security. As part of this initiative, the bank plans to invest up to $10 billion in direct equity and venture capital across sectors such as supply chain management, defense and aerospace, energy resilience, and frontier technologies. CEO Jamie Dimon emphasized the need for systemic changes to reduce reliance on foreign sources for critical materials, highlighting the importance of strengthening economic and military readiness. The initiative will also involve hiring additional professionals and establishing an external advisory council to guide its long-term strategy.
JPMorgan Commits $10 Billion to U.S. National Security Firms
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