Summary
- U.S. President Donald Trump is scheduled to hold a private dinner with major Wall Street CEOs.
- The dinner is said to be intended as a show of willingness to cooperate with financial leaders on policies to strengthen the competitiveness of capital markets and rebuild domestic supply chains.
- JPMorgan said it plans to invest $1.5 trillion over the next 10 years in industries that are key to national security and economic recovery.
U.S. President Donald Trump is scheduled to hold a private dinner with the chief executives (CEOs) of major Wall Street firms.
CBS, Reuters and others, citing sources, reported on the 11th (local time) that President Trump will meet with finance CEOs on the 12th. According to officials, invited were Jamie Dimon, chairman of JPMorgan Chase; Adena Friedman, president of NASDAQ; David Solomon, CEO of Goldman Sachs; Larry Fink, chairman of BlackRock; and Ted Pick, CEO of Morgan Stanley.
As the Trump administration pursues new policies to strengthen the competitiveness of capital markets and rebuild domestic supply chains, the dinner is seen as an occasion to reaffirm a willingness to cooperate with financial leaders. Earlier, JPMorgan said it would invest $1.5 trillion (about 2,201 trillion won) over the next 10 years in industries critical to national security and economic recovery, such as supply chains, manufacturing, defense, energy self-sufficiency, and advanced technology.
Reporter Han Myeong-hyun wise@hankyung.com
Korea Economic Daily
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