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JPMorgan’s Dimon Commits $10B to Bolster U.S. Critical Industries

JPMorgan’s Dimon Commits $10B to Bolster U.S. Critical Industries

Author:

Global Cryptocurrency

Published:

2025-10-13 12:50:03

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BTCCSquare news:

JPMorgan Chase CEO Jamie Dimon has pledged $10 billion to strengthen U.S. self-reliance in critical sectors, including defense, minerals, AI, and quantum computing. The move, part of the bank’s Security and Resiliency Initiative, aims to counter reliance on foreign sources amid rising U.S.-China tensions.

Dimon criticized America’s dependence on unstable supply chains, emphasizing investments in domestic firms. JPMorgan will also expand its advisory team to support the decade-long push, signaling a strategic shift toward securing national economic sovereignty.

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