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JPMorgan's Jamie Dimon: US 'should acknowledge our problems and fix them'

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JPMorgan Chase CEO Jamie Dimon addressed his recent criticism of Washington politics, saying it's vital for Congress to implement tax reform to make the country more competitive.

"America is the best country on the planet. I'm a complete patriot," Dimon told CNBC in a live interview from Chicago. "It is the shining city on a hill. But we should acknowledge our problems and fix them."

The comments come a few weeks after Dimon blew up during his bank's second-quarter earnings call. He ripped the current climate, saying, "It's almost an embarrassment being an American citizen traveling around the world and listening to the stupid s--- we have to deal with in this country."

On Tuesday he softened his rhetoric somewhat but said...