JPMorgan’s $1.5T Push Gets Real: up to $10B for “Security and Resiliency,” More Bankers, Fewer Roadblocks

JPMorgan is putting serious money — and people — behind its made-in-America moment. The country’s biggest bank said it will invest up to $10 billion directly into US companies tied to national security and economic resilience, part of a decade-long plan to facilitate, finance and invest roughly $1.5 trillion across the backbone of the economy. Shares popped more than 2% after the news.

This isn’t a patriotic press release dressed up as policy. Jamie Dimon stressed the program is “100% commercial,” not a White House special, even as it dovetails neatly with Washington’s push to onshore supply chains and harden critical industries. He’s also using the moment to prod policymakers, arguing the US needs to move faster by cutting red tape, fixing workforce bottlenecks, and clearing permitting logjams:

“America needs more speed and investment.”

Under the new “security and resiliency” banner, JPMorgan will channel capital into the places the modern economy actually runs on: advanced manufacturing and supply chains, defense and aerospace, energy independence and grid resilience, and frontier tech like AI and quantum. The bank will hire more bankers and deal pros, stand up an external advisory council of public- and private-sector heavyweights, and lean on its Center for Geopolitics to map weak links in areas like rare earths and semiconductors.

The timing is not subtle. President Trump’s threat of 100% tariffs on Chinese imports and Beijing’s tightened controls on rare earth exports have put national-security finance on a fast track. JPMorgan has already been in the thick of it — helping assemble the MP Materials deal — and says it’s fielded a flood of client calls about similar opportunities as the government pursues arrangements across dozens of strategically sensitive industries.

Dimon’s bigger point is that over-reliance on “unreliable sources” for essential minerals, medicines and manufacturing is now a hard business risk, not an academic debate. The $10 billion in direct equity and venture checks is the tip of a much larger spear: a bank-wide effort to underwrite, advise and invest where industrial capacity, defense readiness and next-gen computing meet. Or, put more bluntly, Wall Street is building a balance-sheet bridge to national security — and JPMorgan intends to be the toll keeper.

Reuters, FOX Business, Axios, and Business Insider contributed to this report.