US-Australia Forge $8.5 Billion Critical Minerals Alliance to Counter China’s Rare Earth Dominance
Strategic Partnership Targets Supply Chain Independence In a significant move to reduce Western dependence on Chinese rare earth elements, the…
Tag: Joe Biden
Banking Giant Backs Trump’s Industrial Agenda with $1.5 Trillion Security Initiative
JPMorgan Chase CEO Jamie Dimon has announced a $1.5 trillion initiative supporting critical industries that aligns with Trump’s “America First” approach. The banking giant’s strategy targets defense, quantum computing, and energy resilience while attempting to maintain commercial independence. Industry analysts suggest this reflects broader corporate calculations in an era of increasing industrial policy interventions.
Banking Giant Embraces Industrial Policy Shift
In a significant departure from traditional free-market positions, Jamie Dimon, CEO of JPMorgan Chase, has reportedly thrown his weight behind elements of Donald Trump’s interventionist industrial policy. According to reports, the banking leader has launched a $1.5 trillion, 10-year “Security and Resiliency Initiative” to support critical U.S. industries including advanced manufacturing, defense, and quantum computing.