JPMorgan Chase (JPM) has pledged to invest $20 million over the next five years to support U.S. military veterans and their communities.

JPMorgan Chase's commitment was announced Wednesday alongside pledges from 30 other corporations and philanthropic organizations as part of the White House's Joining Forces Initiative, which aims to assist veterans in finding employment, furthering their education, becoming homeowners and finding affordable rental housing. In total, the coalition pledged more than $170 million.

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