Wall Street finally put real money behind American security this week when JPMorgan Chase announced a $1.5 trillion, 10-year “Security and Resiliency Initiative” to finance industries deemed critical to the nation. The bank said the push will facilitate and invest across sectors it views as vital to economic and national security, a dramatic scaling-up of its role in U.S. industrial policy. This is the kind of muscle the country needs if we’re serious about ending dangerous reliance on foreign supply chains.
The plan includes as much as $10 billion in direct equity and venture capital investments targeted at fast-growing U.S. firms, and it explicitly calls out supply chains, advanced manufacturing, critical minerals and frontier technologies like artificial intelligence. JPMorgan’s announcement made clear rare earths and AI infrastructure sit at the center of its strategy, a pragmatic recognition that modern warfare and prosperity alike turn on these inputs. When big banks start writing checks, private capital can finally bridge the gap government alone has left open.
Jamie Dimon was blunt: America has become far too dependent on unreliable foreign sources for medicines, minerals and manufactured goods, and speed and policy reform are required to fix it. The firm says it will press for permitting reform, better procurement policy, and education aligned to industry needs — exactly the policy changes conservatives have been warning are necessary for years. That kind of clarity from a corporate leader should be welcomed, even as we keep an eye on whether the will follows the words.
Markets reacted immediately, with producers of rare earths and related materials jumping in premarket trading Monday as investors priced in a new wave of U.S. investment and government attention. Names like MP Materials and several junior U.S. developers saw double-digit gains, reflecting a market that finally understands strategic supply chains are not a niche issue but a cornerstone of national power. This surge proves that when Washington and Wall Street point toward domestic production, capital flows and jobs follow.
Make no mistake: this move lands squarely inside the America First playbook the White House has been pushing, and it’s politically convenient for both parties to applaud domestic investment in critical sectors. That alignment is no accident — stronger domestic supply chains answer a bipartisan security problem and also burnish the reputations of those who champion them. Conservatives should celebrate the results while insisting that true reform means fewer red tape roadblocks, not an expanding web of corporate-government favoritism.
JPMorgan said it will also hire more bankers and industry experts and create an external advisory council to guide investments, signaling a sustained, hands-on approach rather than a one-off PR stunt. The bank’s pledge to use research, finance and direct capital to back projects is the kind of private-sector leadership that can turn policy talk into factories and skilled jobs across America. Still, Americans should demand transparency and competitive markets so these investments build real capacity instead of simply shifting influence.
If we are serious about national security, we must combine private capital with smart public reforms to wrest critical-mineral and advanced-manufacturing capabilities from foreign monopolies and back into American hands. China still dominates processing and refined output of many rare earths, which is why this moment matters: it’s an opportunity to rebuild supply chains, strengthen our defense industrial base, and create blue-collar prosperity in red and blue states alike. Conservatives who love country and free enterprise should push for rapid permitting, pro-growth tax policy, and durable public-private partnerships that turn JPMorgan’s promise into American factories and resilient communities.
