JPMorgan Chase has announced a $1.5 trillion, 10-year initiative to finance and invest in industries vital to U.S. national security and competitiveness. The “Security and Resiliency Initiative” will direct funding toward critical minerals, advanced manufacturing, energy systems, and frontier technologies such as artificial intelligence, cybersecurity, and quantum computing.
The plan expands JPMorgan Chase’s earlier $1 trillion financing commitment, with up to $10 billion in direct equity and venture capital investments for companies driving innovation and domestic production. “It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products, and manufacturing,” said Chairman and CEO Jamie Dimon. “America needs more speed and investment. It also needs to remove obstacles that stand in the way.”
The announcement comes amid growing pressure to rebuild U.S. supply chains and reduce import dependency. According to the U.S. Geological Survey, more than half of America’s supply of 31 key minerals relies on foreign imports, highlighting vulnerabilities across clean energy, defense, and semiconductor sectors.
With $4.6 trillion in assets and $357 billion in stockholders’ equity, JPMorgan Chase is positioning itself as a central private-sector player in strengthening U.S. industrial capacity. The firm will establish an advisory council and expand partnerships with government, academia, and industry to advance research, workforce training, and next-generation infrastructure.
“This is an opportunity for the private sector to play a leading role in building the next generation of industries that will define our nation’s future,” Dimon said. The initiative stands among the largest private financing efforts ever aimed at boosting U.S. economic resilience and technological leadership.
