JPMorgan Chase CEO Jamie Dimon on Wednesday said his company will not donate money toward the White House's ballroom construction, where the East Wing once stood.

In an interview with Dimon, CNN anchor Erin Burnett noted how JPMorgan Chase was not listed among the companies that have donated toward the project.

"We have an issue, OK, which is anything we do, since we do a lot of contracts with governments here and around the world, we have to be very careful about how anything is perceived," Dimon said. "And also how the next DOJ is going to deal with it."

"So, we're quite conscious of risks we bear by doing anything that looks like buying favors or anything like that," he continued. "So, do we do things like that? And by the way, we also have policies where we don't do certain things b

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