Jamie Dimonās $1.5T Plan to Fix Americaās Broken Toybox
JPMorgan just announced a $1.5 trillion schemeāuh, investmentāover the next decade designed to fix Americaās critical sectors, including a modest $10 billion in actual venture bets. Jamie Dimon lamented Americaās reliance on 'unreliable sources' of minerals, amid Trumpās threat of 100% tariffs on Chinese goods. Theyāre beefing up supply chains, defense, and anything sounding like a sci-fi buzzwordāAI, quantum, batteriesāwhile whining about excessive regulations, bureaucratic dead ends, and a mismatch between schools and jobs. This expands JPMorganās previous $1 trillion effort, syncing perfectly with Trumpās manufacturing lovefest, while Apple plans its own $600 billion and Micron tosses in $200 billion. Details on financing? Vague enough to keep us guessing.
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Source: Axios | Published: 10/13/2025 | Author: Madison Mills