JPMorganChase and Partners Launch Local Solutions Initiative

JPMorganChase Partners with Axios and Mayors for Local Growth

In a notable step towards enhancing local communities, JPMorganChase, Axios, and the U.S. Conference of Mayors have launched an innovative initiative titled Zoom In. This partnership aims to share valuable insights and promote strategies that foster economic growth and prosperity across various communities. It emphasizes collaboration among local elected officials, communities, business leaders, and policy experts to address pressing issues like housing, inflation, healthcare, and the impact of new technologies on the workforce.

Kick-off Event and Journey Ahead

The initiative will commence with an engaging event in Washington, D.C., featuring prominent figures including Axios co-founder Mike Allen and the President of the U.S. Conference of Mayors, Columbus Mayor Andrew Ginther. They will be joined by JPMorganChase's Vice Chair, Peter Scher, and the Head of Corporate Responsibility, Tim Berry.

Following this launch, the Zoom In initiative will embark on a year-long journey across major cities such as Chicago, Austin, Columbus, San Francisco, Boston, and Atlanta. Throughout these convenings, the partnership will gather local stakeholders and decision-makers and share diverse approaches to promoting economic prosperity capable of meeting local needs. The insights gathered will be featured on a new content hub dedicated to sharing experiences and strategies throughout the year.

Community Empowerment through Public-Private Partnerships

Tim Berry, Global Head of Corporate Responsibility at JPMorganChase, expressed enthusiasm about this opportunity, stating, "We have learned a tremendous amount about creating productive public-private partnerships in communities where we operate. This initiative allows us to share our insights while learning from others as we confront significant challenges together. For over two centuries, we have championed opportunities within local communities globally, and with partners like Axios, we are excited to amplify our collective knowledge and experience.”

The Role of Local Journalism in Economic Growth

Jim VandeHei, the co-founder and CEO of Axios, highlighted the importance of local journalism, stating, "At Axios, we are committed to showcasing the power of local journalism through initiatives like Axios Local. Zoom In is an ambitious program that will elevate local journalism’s role in strengthening communities. We are thrilled to collaborate with organizations that value local news as we do."

Mayors Leading the Charge

Tom Cochran, CEO and Executive Director of the U.S. Conference of Mayors, echoed this sentiment by emphasizing the crucial role mayors play in addressing key issues. "Cities are where the work gets done. Mayors are at the forefront, implementing innovative policies that tackle pressing concerns, from housing challenges to economic development. Public-private partnerships are critical to our success, and we are eager to collaborate with partners like Axios and JPMorganChase to spotlight the extraordinary work mayors are doing to effect real change."

About JPMorganChase

JPMorganChase & Co. (NYSE: JPM) stands as a leading financial services firm with a global footprint. The firm reported an impressive $4.2 trillion in assets and $346 billion in stockholders’ equity as of the latest quarter. As a powerhouse in investment banking and commercial banking, JPMorganChase provides a broad spectrum of services catering to millions of consumers and some of the most prominent corporate and institutional clients worldwide. To learn more about JPMorganChase & Co. and their financial services, details are available on their official website.

Frequently Asked Questions

What is the purpose of the Zoom In initiative?

The Zoom In initiative aims to share insights and promote strategies for driving economic growth in local communities through collaboration among various stakeholders.

Who are the key partners in the Zoom In initiative?

The initiative is a partnership between JPMorganChase, Axios, and the U.S. Conference of Mayors.

What cities will the Zoom In initiative visit?

The initiative plans to visit cities such as Chicago, Austin, Columbus, San Francisco, Boston, and Atlanta over the course of the year.

How will insights from the initiative be shared?

Insights will be compiled and shared on a new content hub, designed to showcase the experiences and strategies of local leaders throughout the initiative.

What role do mayors play in the initiative?

Mayors are crucial in leading local efforts to address significant issues. The initiative aims to highlight their achievements and the impact of public-private partnerships in fostering community growth.

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