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JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security

JPMorgan Chase on Monday unveiled a sweeping 1.5trillion,decadelonginitiativetostrengthenindustriesvitaltoAmericaseconomicandnationalsecurity.Theeffortdubbedthe"SecurityandResiliencyInitiative"willdirect1.5 trillion, decade-long initiative to strengthen industries vital to America’s economic and national security. The effort — dubbed the "Security and Resiliency Initiative" — will direct 1.5 trillion toward projects spanning energy, manufacturing and defense. As part of the plan, the financial giant will invest up to $10 billion in direct equity and venture capital to help select U.S.-based companies "enhance their growth, spur innovation and accelerate strate ...