'Need to act now, the US is too reliant on foreign supply chains,' says JPMorgan CEO Jamie Dimon

JPMorgan Chase CEO Jamie Dimon announced a $1.5 trillion, decade-long investment initiative to strengthen America's industrial base and reduce foreign supply chain reliance. The Security and Resiliency Initiative will focus on defense, frontier technologies, energy, and advanced manufacturing, with JPMorgan committing $10 billion to start. Dimon stressed the urgency of this national security imperative.