JPMorgan Chase Chairman and CEO Jamie Dimon talks federal spending, the state of the markets, billions of dollars of tech investment, trade tensions, national security and more in an exclusive ‘Mornings with Maria’ interview.
JPMorgan Chase on Monday unveiled a sweeping, decade-long $1.5 trillion initiative to strengthen critical industries America’s economic And national security.
The effort – dubbed the “Security and Resilience Initiative” – will direct $1.5 trillion to projects related to energy, manufacturing and defense. As part of the plan, the financial giant will invest up to $10 billion in direct equity and venture capital to select US-based companies to help “expand their growth, fuel innovation and accelerate strategic manufacturing,” the company said.
“It has become painfully clear that the United States has allowed itself to become too dependent on unreliable sources of vital minerals, products and manufacturing “All of these are essential to our national security,” JPMorgan Chase CEO Jamie Dimon said in a statement.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon speaks during the 2025 National Retirement Summit in Washington, DC, on Wednesday, March 12, 2025. (Al Drago/Bloomberg via Getty Images/Getty Images)
Dimon said, “Our security is based on strength and resiliency Economy of the United States. America needs more momentum and investment. The obstacles that stand in its way also need to be removed: excessive regulations, bureaucratic delays, partisan gridlock, and an education system that doesn’t match the skills we need.”
The company said it will focus on four key areas, including supply chain and advanced manufacturing, defense and aerospace. energy independence and resilience and frontier and strategic technologies. These four sectors are further divided into 27 sub-sectors, ranging from cyber security to nuclear energy vital defense components, as stated in the declaration.
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The main entrance of the JPMorgan Chase headquarters building in Manhattan. (Eric McGregor/LightRocket via Getty Images/Getty Images)
“This new initiative includes efforts like ensuring reliable access to life-saving medicines and critical minerals, protecting our nation, building energy systems to meet AI-driven demand, and advancing technologies like semiconductors and data centers. Our support of customers in these industries is unwavering,” Dimon said.
| anchor | Security | Last | Change | Change % |
|---|---|---|---|---|
| JPM | JPMorgan Chase & Co. | 300.89 | -4.64 |
-1.52% |
JPMorgan will also advocate for policies aimed at accelerating these efforts and conduct targeted research on private companies and supply chain issues related to rare earths, AI and advanced technology.
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The financial institution had already planned about $1 trillion over the next decade to support these sectors. According to the announcement, with this initiative, the company is increasing the total amount raised by $500 billion.
A person uses a Chase Bank ATM in New York City on February 29, 2024. (Gary Hershorn/Getty Images/Getty Images)
As part of the initiative, JPMorgan will hire additional bankers, investment professionals and industry experts. It will also create an external advisory council to help guide its long-term strategy.
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“Hopefully, once again, as America has done in the past, we will all come together to tackle these enormous challenges,” Dimon said. “We need to act now.”
