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JPMorgan's Jamie Dimon: World needs America to be strong as firm pledges strategic investment

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1 day ago

JPMorgan Chase CEO Jamie Dimon on Monday announced the firm is moving forward with a $1.5 trillion plan to invest in industries critical to national security, which he said is critical for the world's security.The firm's Security and Resilience Initiative will invest the $1.5 trillion over a decade, and will include direct equity and venture capital investments of up to $10 billion to help select companies primarily located in the U.S. for the purpose of boosting strategic industries.Dimon said the initiative aims to improve global security by making the U.S. more resilient in strategic indust...

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