Post by Jamie Dimon

America remains the bastion of freedom and, equally important, the arsenal of democracy. Our own security is predicated on a strong and resilient domestic economy, which guarantees our ability to build, innovate and to maintain the most capable military in the world. Global peace and world order depend on it. We no longer have the luxury of time. America needs more speed and investment. It also needs to remove obstacles that stand in the way: excessive regulation, bureaucratic delay, partisan gridlock and an education system misaligned with the skills we need. That is why this week JPMorganChase launched the Security and Resiliency Initiative, a 10-year, $1.5 trillion effort to facilitate, finance and invest in industries crucial to national security and economic resilience, from critical medications and minerals to military equipment and semiconductors. It will include direct equity investments of up to $10 billion of our own capital in select companies. And we expect it will help create economic growth, innovation and jobs in America. We hope that America will come together to address these challenges, as we have in the past. We need to act now. https://lnkd.in/eNzZhn_y

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