DIMON: $1T PUSH TO BOOST US ECONOMIC POWER JPMorgan Chase & Co. CEO Jamie Dimon plans to deploy $1 trillion+ to strengthen the U.S. economy, warning global risks are rising and competitiveness must improve. In his annual letter, Dimon highlighted geopolitical tensions, potential oil shocks, and concerns about Europe’s direction, while pushing for stronger trade ties. He downplayed systemic risks from private credit but warned of higher losses and low transparency. He also flagged slower IPO activity in private equity and risks in a future downturn. Dimon emphasized rapid AI adoption, ongoing investment in U.S. communities, and a shift of jobs away from New York toward lower-cost states like Texas.(*Walter Bloomberg)