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JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security

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12 hours ago

JPMorgan Chase on Monday unveiled a sweeping $1.5 trillion, decade-long initiative to strengthen industries vital to America’s economic and national security.The effort — dubbed the "Security and Resiliency Initiative" — will direct $1.5 trillion toward projects spanning 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 help select U.S.-based companies "enhance their growth, spur innovation and accelerate strategic manufacturing," the company said."It has become painfully clear that the United State...

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12 hours ago
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