""The American Dream is alive, but it's slipping out of reach for too many people—and for future generations. This slows economic growth, hurts communities and prevents many people from getting ahead.""
""Small businesses are essential to economic growth and opportunity in communities across the country, and we are committed to supporting them through this initiative.""
JPMorgan Chase has launched the American Dream Initiative to address the declining accessibility of the American Dream. The initiative focuses on six areas: small business growth, affordable housing, financial health, careers and skills, healthcare access, and support for local institutions. The bank aims to increase its small business clientele from 7 million to 10 million within five years, committing nearly $80 billion in lending. Additionally, JPMorgan plans to hire 1,000 small business bankers and expand its Senior Business Consultant team to enhance support in key markets.
Read at Fortune
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