New York: JPMorgan Chase on Monday unveiled a landmark plan to invest up to $10 billion in U.S. companies considered critical to national security and economic resilience. This effort forms part of a broader $1.5 trillion, 10-year initiative designed to facilitate, finance, and invest in industries central to the growth and security of the U.S. economy, including defense, energy, and manufacturing.

CEO Jamie Dimon emphasized that the U.S. has become overly dependent on unreliable foreign sources for critical minerals, products, and manufacturing. He stressed the urgent need to enhance domestic supply chains to protect national security. “America needs more speed and investment,” Dimon said, calling for policy reforms to reduce regulatory delays and address workforce challenges.

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