The JPMorgan Chase PolicyCenter develops and advances sustainable, evidence-based policy solutions to drive inclusive economic growth in the U.S. and around the world. It is powered by the firm’s global business resources and expertise, including data, research, talent and philanthropic investments. The PolicyCenter works with policy, business and community leaders to drive effective public policy solutions at all levels of government.
Business has a vital role to play in driving inclusive economic growth. This is why JPMorgan Chase has a long history of collaborating with government, civic and local leaders to drive public policies that advance the well-being and resiliency of our communities. The JPMorgan Chase PolicyCenter builds on our existing business and philanthropic investments and advances the Statement on the Purpose of a Corporation released by the Business Roundtable, an association of CEO’s of America’s leading companies committed to promoting an economy that serves all Americans.
JPMorgan Chase’s long-term, significant investments in key pillars of opportunity, as well as the insights into the global economy and labor market create a significant body of knowledge and insights about how to address some of the most vexing social and economic challenges facing our communities in a fast-changing global economy. The PolicyCenter will leverage JPMorgan Chase’s convening power to create innovative partnerships and identify gaps in research and stakeholder engagement that are hindering progress on key issues and foster an actionable policy dialogue among key academic, nonprofit and business partners.
Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co.
Heather Higginbottom, President of the JPMorgan Chase PolicyCenter, discusses our company’s role in advancing economic solutions.
The first focus area for the JPMorgan Chase PolicyCenter is advocating for federal and state policy changes to remove barriers to employment for people with criminal backgrounds.
The Second Chance Agenda will support re-entry into the workforce and community through
Advocating for additional reforms to the Federal Deposit Insurance Corporation’s (FDIC) rules to increase access to employment for workers with criminal backgrounds, while maintaining the safety of the nation’s depository institutions.
Restoring access to Pell Grants for people in prison can help ensure access to education and the opportunity to find employment after their release.
Supporting federal and state efforts to allow criminal background checks only after applicants have been given a conditional offer of employment.
Supporting state-level efforts to enact and implement automatic record clearing, making it easier for people with criminal records to move beyond their past and gain employment.
Adjusting fines and fees policies to reduce barriers to employment, such as suspending drivers’ licenses for unrelated offenses.
Encouraging entrepreneurship among people with criminal backgrounds through job training, mentoring and business counseling to empower them to start their own business and boost economic growth.