BRIGGS:  4: 48 Eastern Time, and J.P. Morgan Chase CEO, Jamie Dimon says America has an infrastructure problem and told Fox's Maria Bartiromo, it will cost the U.S. more if it's not fixed now.</s>JAMIE DIMON, CEO, JP MORGAN CHASE: Infrastructure not even in the top 20 anymore, and we need infrastructure and we have time. I would spend the money on infrastructure and find a way to pay for it. If you don't fix it, it's three trillion.</s>BRIGGS: Last week J.P. Morgan announced it is investing $3 million in each of five U.S. cities as part of the firm's advancing city's program. The 500 million, 5-year initiative is meant to drive growth and create economic opportunities in cities across the country. Dimon says Sunday, infrastructure is a bipartisan issue.</s>DIMON: And (inaudible) Democrats and Republicans, we both sit in a room and say we need infrastructure, so I'm hoping there might be a common ground here.</s>BRIGGS: Still mounting debt makes conversations around future expenditures difficult. And now the White House has had numerous infrastructure weeks. They have still yet to put forward a legislative proposal.</s>KOSINSKI: The U.S. tightening sanctions on Iran this morning. The state department says countries importing Iranian oil, including many U.S. allies could face sanctions starting next month. "The Washington Post" reporting that sanctions wavers will no longer be granted to those countries after May 2nd, something the state department has been foreshadowing now for weeks. Secretary of State Mike Pompeo, is expected to make that announcement this morning. The state department issued 180-day waivers last November to China, India, Japan, South Korea, Taiwan, Turkey, Italy, and Greece. The idea was to give them time to find alternative oil sources. Now, though, U.S. officials say this is happening and the goal of the new policy is to drive up the costs of Iran's maligned behavior and address the regime's threats.</s>BRIGGS: All right, ahead, a tentative deal reached to end the ten-day stop and shop strike. CNN business has the details next.
CNN Business, Dimon, We Need Infrastructure; Iran's Sanctions Waivers