JPMorgan Chase will invest $ 10 billion to US companies with solvent on national security.
Investment plan will be directed to four areas on Monday: Supply chain and critical minerals, pharmaceutical precursors and robotics; Defense and aerospace; With energy independence, battery storage and network sustainability; and computing artificial intelligence, cyberecurity and quantum computing, including strategic technologies.
Investment, the initiative of the bank’s safety and elasticity, $ 1.5 trillion, is part of 1.5 trillion and 10-year conditions in critical areas for financial security.
“It was painful for critical minerals, products and production sources for our national security,” Chairman and CEO Jamie Dimon, “Our security has been determined in advance of the strength and strength of the American economy. America needs more rapid and investment. “
This summer, JPMorgan, the Defense Department helped us to sign the contract worth $ 400 million worth $ 5 million worth of MPs. The Bank also provides financing of the MPs of MPs of a second magnetic plant in the United States
The largest bank of the nation plans to organize about $ 1 trillion in the next ten years with the support of customers in these areas. JPMorgan Chase increases this amount to $ 500 billion or 50% increase with additional sources and capital.
“America needs more rapid and investment,” Dimon said. “Also, the obstacles standing on the road need to be overcome: extreme rules, bureaucratic delay, partisan gridlock and education system do not meet the skills we need.”
JPMorgan says this is 34,000 secondary companies and more than 90% of Fortune 500.
Plans to hire more bankers, investment specialists and other specialists to solve the investment plan. In addition, leaders from the public and private sectors will also create a foreign advisory council to help direct the long-term strategy.
-Michelle Chapman, AP Work Author