Core Insights - JPMorgan Chase has launched a new advisory team to support its $1.5 trillion national security initiative, featuring notable figures from the tech and defense sectors [1][3] - The initiative, named the Security and Resilience Initiative (SRI), will initially invest up to $10 billion in companies deemed critical to U.S. national security [2] - The advisory council will be chaired by Jamie Dimon and aims to foster growth and innovation in industries vital to national security and economic resilience [3] Advisory Council Composition - The council includes prominent business leaders such as Jeff Bezos, Michael Dell, and Jim Farley, who bring significant industry experience and insights [4][5][6] - Jeff Bezos has a history of collaboration with Dimon, including a previous health care venture with Warren Buffett [4] - Michael Dell has worked closely with JPMorgan on major financing deals, including a $67 billion acquisition of EMC [5] - Jim Farley has raised concerns about U.S. reliance on China for critical components, highlighting strategic vulnerabilities in the supply chain [6]
Jamie Dimon taps Jeff Bezos, Michael Dell, and Ford CEO Jim Farley to advise JPMorgan’s $1.5 trillion national security initiative