JPMorgan Chase CEO Jamie Dimon expressed frustration at the U.S. federal government during the company's earnings conference call Friday. 
 
 "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," Dimon said in response to an analyst question. 
 
 "Since the Great Recession, which is now 8 years old, we've been growing at 1.5 to 2 percent in spite of stupidity and political gridlock, because the American business sector is powerful and strong," he said. "What I'm saying is it would be much stronger growth had we made intelligent decisions and were there not gridlock." 
 
 The executive of the U.S. banking giant cited travels to countries such as France, Argentina, Israel and Ireland. The U.S. has become "one of the most bureaucratic, confusing, litigious societies on the planet" and "it's hurting the average American that we don't have these right policies," he said. 
 
 Earlier Friday, JPMorgan Chase reported earnings that handily beat Wall Street estimates. However, the bank lowered its forecast for lending revenue. 
 
 Dimon also blasted the press in a separate conference call Friday for focusing on the bank's quarterly results and missing the bigger picture. 
 
 Shares briefly fell more than 1.5 percent. 
 
 Despite the Republican majority in Congress, Washington has been caught in gridlock over a new health care bill, which is seen as a precursor to passing new legislation on tax reform. The Senate this week cut short its August recess by two weeks in order to deal with the debate. 
 
 In response to a separate question, Dimon said government regulation on banks was preventing economic growth, by keeping certain home buyers and small startups from getting funding. 
 
 "The counterfactual would have been that a trillion dollars or 2 trillion would have been lent out had these rules been changed five years ago," he said. "There's a false notion that all this stuff didn't hold back the economy. Yes, it did." 
 
 Here's most of the full rant: 

 JPMorgan Chase CEO Jamie Dimon chastised the government and the media Friday for ignoring what really ails America. 
 
 "It's almost an embarrassment to be an American citizen traveling around the world and listening to the stupid s*** we have to deal with in this country," Dimon said during a conference call with financial analysts. 
 
 Dimon said that America's "muted" economic growth -- 1.5% to 2% a year since the Great Recession -- was the result of "bad policies," and said that the United States needs to reform its infrastructure, education and corporate tax structure to remain competitive in the world. 
 
 Much of his ire was directed at government policies, but he reserved frustration for the media as well. 
 
 "I'm not talking about the administration. I'm talking about you," Dimon said during a separate call with reporters. "If we don't focus on those things, we are hurting average Americans every day." 
 
 In December, Dimon joined then-President-elect Trump's Strategic and Policy Forum, whose members are tasked with giving the president their individual views on how economic policy affects growth, job creation and productivity. 
 
 During the call with reporters, Dimon said the country is plagued by gridlock. 
 
 "What I'm saying is it would be much stronger growth had we made intelligent decisions and there was less gridlock" said Dimon, emphasizing that the United States needs policies that benefit "more Americans." 
 
 The bank CEO said he was unfazed by the Federal Reserve's recent move to raise short-term interest rates by a quarter percentage point, noting that it "will not affect JPMorgan at all." 
 
 But he lambasted America's corporate tax rate, while praising the corporate tax rates in other countries like Israel, Ireland, China and particularly France. 
 
 "I met with your president two days ago," he told a French reporter. "They're obviously making Paris a more attractive destination for all businesses." 
 
 He said the French corporate tax rate benefits finance businesses like JPMorgan, but America's tax rate drags down things that affect all Americans, like wage growth. 
 
 Related: JPMorgan accused of discriminating against fathers with newborns 
 
 Dimon also complained about what he sees as insufficient attention to graduation rates, opioid deaths and how long it takes to get construction permits. 
 
 He also criticized reporters for focusing on things like fixed-income trading, instead of larger policy and infrastructure issues. 
 
 "Who cares about fixed income trading in the last two weeks of June?" he said.
– During JPMorgan Chase's earnings conference call Friday, CEO Jamie Dimon went off on a bit of a tangent. "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," he said in response to a question from an analyst. He said that while the American business sector is "powerful and strong," its current growth is "muted" and it would be even stronger were it not for the "stupidity and political gridlock" in Washington DC, CNNMoney reports. He said that in other countries he's recently traveled to, the government understands how to utilize "practical policies to promote business and growth," but that "somehow this great American free enterprise system, we no longer get it." Specifically, he took issue with corporate taxation, infrastructure, and regulatory reform. "We have become one of the most bureaucratic, confusing, litigious societies on the planet," he said. "I'm going to be a broken record until this gets done. We are unable to build bridges, we're unable to build airports, our inner city school kids are not graduating." In a separate call, he also criticized the media for not focusing on these issues. CNBC has the full rant.