Jamie Dimon On Donald Trump's Presidency: A Reset Moment For How Businesses Are Going To Be Treated

JPMorgan Chase & Co. JPM's CEO Jamie Dimon sat down with Bloomberg for an interview and offered his take on President-elect Donald Trump and what role Dimon will play in Trump's administration.

Dimon was widely considered to be a top pick to serve as Secretary of the Treasury under Trump's administration. However, the bank executive shot down speculation in November and reiterated again during the interview that he is not suited for the job. He added that he provides "a lot of value" to the American people by serving as CEO of one of the world's largest banks.

What Wall Street Can Bring To Trump's Administration

Dimon said that the president has an obligation to appoint the best people to fill a job. If it happens that the best person for the job is a Wall Street or oil executive, than all the better.

"I think it's a mistake for the American public to constantly be told that if you work for an oil company or you work for a bank, that automatically makes you bad," Dimon said. "I think a lot of these people are very qualified people who are patriots. They're going to want to help the country. They're not going to try to help their former company."

'Reset Moment'

Dimon further added that Trump's appointment marks a "resent moment" for how business are going to be treated.

Dimon argued that businesses represent a "huge positive element in society," but for years, it has been "beaten down as if we're terrible people."

"So, I think it's a good reset," he concluded on the topic.

Image Credit: By Steve Jurvetson (Flickr: Jamie Dimon, CEO of JPMorgan Chase) [CC BY 2.0], via Wikimedia Commons