Jamie Dimon of JP Morgan Chase says he's comforted by Donald Trump's administration

JPMorgan Chase CEO Jamie Dimon said on Friday he thinks President-elect Donald Trump's administration will do the right thing for the U.S. He just needs time, Dimon said, according to Reuters.

Dimon, speaking with reporters following the bank's fourth-quarter earnings release, said he is comforted that Trump is appointing experienced people to his administration, Reuters reported.

Bank stocks have rallied on expectations that the president-elect will eliminate financial regulations put in place after the 2008 financial crisis. 

READ MORE: http://www.cnbc.com/2017/01/13/jamie-dimon-says-hes-comforted-by-donald-trumps-administration.html