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JAMIE DIMON: I want to do my share to help America get better

Dec 6, 2016, 21:01 IST

Jamie Dimon answers a question at the U.S. Senate Banking, Housing and Urban Affairs Committee hearing in WashingtonThomson Reuters

JPMorgan CEO Jamie Dimon wants to help President-elect Donald Trump improve the lives of lower-wage workers.

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Speaking at the Goldman Sachs Financial Services conference, the Wall Street executive, who was reportedly under consideration for Treasury secretary, said he wouldn't be very suited for a role in the administration.

"I've always been fairly consistent that I love my job," Dimon said.

But he did "immediately" join a special economic advisory team alongside other Wall Street titans like Blackstone CEO Steve Schwarzman and BlackRock CEO Larry Fink.

"I am a patriot; I want to help my country and help it grow," said Dimon, a lifelong Democrat. "I want to help lower-wage people more than I want to help you," he said to the conference audience.

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He added that he wants to do his share to help America "get better," and has a lot of thoughts on how to do that.

"I might even be better off doing that from the outside than doing it from the inside," he said.

The advisory group will advise Trump on how to institute policies to encourage job growth and improve productivity. Its first meeting will be in the first week of February.

NOW WATCH: Here's everything we know about former Goldman Sachs banker Steve Mnuchin - Trump's pick for Treasury Secretary

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