Report: JPMorgan Chase CEO Told Biden He Needs a Plan to Increase Domestic Energy Production

JPMorgan Chase chief executive Jamie Dimon told President Joe Biden he needs to produce a “Marshall Plan” to increase domestic energy production, Axios reported.

Dimon met with Biden on Monday, urging him to make plans for the government to increase domestic gas and other energy sources to offset soaring prices resulting from Russia’s invasion of Ukraine, Axios reported. Dimon reportedly informed the president and his top economic advisors that additional domestic energy production is necessary for securing both American and European energy security.

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