JPMorgan Chase & Co. will funnel $1.5 trillion into industries that bolster US economic security and resiliency over the next 10 years. "We need to act now," said Chief Executive Officer Jamie Dimon in a statement on Monday.

JPMorgan Chase unveiled a plan on Monday to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience, part of a broader $1.5 trillion pledge.

JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security

JPMorgan Chase & Co. vowed to funnel $1.5 trillion into industries that bolster US economic security and resiliency over the next 10 years — an initiative that will invest billions of dollars in companies and hire bankers and other professionals.

JPMorgan Chase launched a $10 billion plan to take stakes in companies it views as core to U.S. interests and national security. This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.

JPMorgan Chase announced Monday a $1.5 trillion plan to facilitate investments in industries “critical to national economic security and resiliency”

JPMorganChase said Monday it would invest $10 billion in industries tied to U.S. national security as part of a decade-long plan to help protect the U.S. economy as global trade tensions rise. JPMorganChase's Security and Resiliency Initiative is a $1.