Veteran action star Sylvester Stallone says he is "flattered" to be considered for an arts post by President-elect Donald Trump but feels he will be more effective working for veterans.

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Stallone's publicist released a statement in which the actor said that he is more interested in brining attention towards the military personnel. "I am incredibly flattered to have been suggested to be involved with the National Endowment of the Arts.

"However I believe I could be more effective by bringing national attention to returning military personnel in an effort to find gainful employment, suitable housing and financial assistance these heroes respectfully deserve," the statement read.

Last week a British publication reported that Trump had approached Stallone about a top arts-related position in his administration, perhaps as chairman of the National Endowment for the Arts. At the time, Stallone's spokeswoman declined to comment.