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JPMorgan Chase CEO Dimon: US GDP could rise to 4% under next president

JPMorgan Chase CEO Jamie Dimon took a long-term view on the U.S. economy and talked up the bank's competitive position in a wide-ranging interview with CNBC on Monday.

He suggested that his bank makes the world a better place.

"I think that JPMorgan makes it a better world," Dimon said Monday. "Every single day in 2,000 communities around the world, trying to do our job well, responsibly lending, opening branches, serving businesses."

Dimon also said he's seeing positive signs for the U.S. economy, and he sought to play down legislation brewing that could alter how large financial institutions do business on Wall Street.

"I wouldn't be over-sensitive to short-term data," the chairman and CEO said in Irvine, California, on the bank's bus tour, which gives it the opportunity to solicit feedback from staffers.

At the same time, Dimon is sensitive to the economy's dependence on data. He said that if the next U.S. president implements the appropriate reform programs, that GDP could rise to 4 percent...


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