Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co., has issued a strong warning regarding Europe's economic health, stating that a "weak" continent presents a significant economic risk to the United States. Speaking at the Reagan National Defense Forum, Dimon criticized Europe's slow bureaucracy, which he believes has suppressed business, investment, and innovation. While acknowledging Europe's commendable safety nets, the creation of the euro, and its commitment to peace, he cautioned that a fragmented Europe, strained by reduced military efforts and challenges in achieving consensus within the European Union, would severely impact the US, its crucial ally sharing common values. Dimon underscored the necessity for a long-term US strategy to empower Europe, asserting that "A weak Europe is bad for us." This viewpoint notably contrasts with the previous administration of President Donald Trump, which had a national security strategy that directed US interests away from Europe.

Concurrently, JPMorgan Chase is demonstrating a substantial commitment to bolstering US economic security. The bank has revealed plans to allocate $1.5 trillion over the next decade to industries that enhance American economic security and resilience. This figure represents an increase of up to $500 billion compared to the bank's usual investment projections. Dimon explicitly stated that 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." This strategic initiative, described as "100% commercial" and overseen by investment banker Jay Horine, will focus on four critical areas: supply chain and advanced manufacturing; defense and aerospace; energy independence and resilience; and frontier and strategic technologies. Furthermore, JPMorgan will invest up to $10 billion of its own capital to assist specific companies in expanding, innovating, or accelerating strategic manufacturing endeavors.

Separately, Dimon also commended former President Trump for his efforts to reduce government bureaucracy. He remarked that Trump's administration was actively "trying to bring an axe to some of the bureaucracy that held back America," which he viewed as a positive development that could be implemented while still upholding global safety standards across various sectors, including food and banking.