JPMorgan Pledges $10 Billion Investment in US National Security

JPMorgan Pledges $10 Billion Investment in US National Security

America’s largest bank wants to shore up America’s defenses.  JPMorgan Chase said Monday that it will invest $10 billion of its own money in companies it deems critical to US national security. That sound you hear is a thousand startups updating their pitch deck with potential defense applications. In Defense of Bankers “It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critica…

JPMorganChase's Bold $1.5T Strategic Move to Accelerate National Security Investment and American Competitiveness

In a bold escalation of private-sector engagement with national security, JPMorgan Chase has announced a $1.5 trillion “Security and Resiliency Initiative” aimed at strengthening the U.S. industrial base, critical infrastructure, and technological competitiveness. The post JPMorganChase’s Bold $1.5T Strategic Move to Accelerate National Security Investment and American Competitiveness appeared first on OODAloop.

JPMorgan to invest $10B in US security companies