🗞️JPMorgan launches $1.5 trillion U.S. investment plan

October 13th, 2025

What happened today 🇺🇸,

• JPMorgan Chase has announced a $1.5 trillion, decade-long "Security and Resiliency Initiative" to bolster U.S. economic and national security by investing in critical sectors, including energy, manufacturing, defense, supply chain resilience, and advanced technologies such as AI and quantum computing

• The U.S.-brokered ceasefire deal between Israel and Hamas has been signed, Hamas has released the last 20 living Israeli hostages and Israel has released nearly 2,000 Palestinians…the ceasefire marked a hopeful pause in the long conflict, with President Trump and other world leaders signing the peace plan in Egypt…read more here

• President Trump is considering supplying Ukraine with long-range missiles, such as Tomahawk cruise missiles, and expanding intelligence sharing to support strikes on targets deep within Russian territory

• The Pentagon has launched a $1 billion stockpiling initiative to acquire critical minerals essential for defense and advanced technology manufacturing, aiming to reduce U.S. dependence on China…the Defense Logistics Agency plans to purchase large quantities of cobalt, antimony, tantalum, scandium, and other rare metals to build a strategic reserve that ensures supply chain resilience for weapons systems and national security needs

• North Carolina Republican legislative leaders announced plans today to vote next week on redrawing the state’s congressional district map

• The former superintendent of LA Unified School District and ex-deputy mayor, Austin Beutner, has officially launched his campaign to challenge incumbent Mayor, Karen Bass, in the June 2026 Los Angeles mayoral race

• OpenAI and Broadcom have announced a partnership to develop and deploy 10 gigawatts of custom AI accelerators and computing systems over the next four years, expanding OpenAI’s infrastructure to meet global AI demand

• Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm managing $7 billion in assets, in a deal valued at up to $965 million including $665 million in cash and equity at closing, plus up to $300 million based on Industry Ventures' future performance through 2030

• The price of Gold hit a new record high of $4,110 an ounce

• DOW up 1.29% / S&P up 1.56%

Bonus: A post by Gallup showing a record high percentage of Americans think the federal government has too much power

Please follow The Simple American on X @TSimpleAmerican x.com/Tsimpleamerican

Quote of the day: “Life does not have to be perfect to be wonderful” -Annette Funicello

Have a great night!

P.S. We love connecting with our readers so…

Please reply to this newsletter for more info on any news points in the letter, feel free to give us any feedback you have, or let us know what you want more of!

P.P.S. Want to reach over 13,500 people? Reply to this email to inquire about advertising with us!