Aka “Companies the Trump administration directs us to fund”
2 weeks ago | 47
One of the “banks” that paid ZERO Income Tax. Bravo
2 weeks ago | 25
These banks are incredibly bad for America. If they are “investing” that money look for what they are planning on extracting further from the American people.
2 weeks ago | 38
These ‘banks’ operate like they’re the government itself. Along with other companies
2 weeks ago | 8
Its not Jamies money, its the bank's customers' money. He makes money from the fees whether its a boom or a bust.
2 weeks ago | 9
Why begin to deplete our domestic deposits of rare earths!? Why not use cash to buy them from someone else! Let’s deplete their deposits, not ours! Unwise investment!
2 weeks ago | 3
Exactly — they’ll take the money people deposit, lend it out ten times over, charge five times the interest they pay to depositors, and then pour it into companies the government will never let fail.
1 week ago | 0
Seems to me they were reliant on perfectly fine and stable resources until some moron made them highly unstable with unpredictable tariffs
2 weeks ago | 1
Yahoo Finance
JPMorgan Chase said it plans to invest as much as $10 billion in direct equity and venture capital stakes in companies operating within key industries such as artificial intelligence, mineral producers, and defense.
The strategy is part of a wider "security and resiliency" plan by the country’s largest bank to commit $1.5 trillion in future financing and spending on industries critical to national and economic security in the US and allied nations, according to a press release.
JPMorgan CEO Jamie Dimon said that the plan is aimed at speeding up investments in these critical industries where the US and its allies have become hampered domestically and overly reliant on foreign supply chains.
"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 — all of which are essential for our national security,” Dimon said in the press release.
finance.yahoo.com/news/jpmorgan-pledges-10-billion…
2 weeks ago | [YT] | 686