JPMorgan CEO: I'd bet against Trump in 2020

JPMorgan CEO: I'd bet against Trump in 2020
© Getty Images

JPMorgan Chase & Co. CEO Jamie Dimon on Wednesday predicted President TrumpDonald John TrumpJustice Department preparing for Mueller report as soon as next week: reports Smollett lawyers declare 'Empire' star innocent Pelosi asks members to support resolution against emergency declaration MORE won’t be in office for a second term. 

“If I had to bet, I’d bet three and a half,” Dimon said when asked at an Economic Club of Chicago luncheon how many years Trump will be in office, according to Reuters.


“But the Democrats have to come up with a reasonable candidate … or Trump will win again,” he added. Dimon suggested Democrats push a “pro-free enterprise” agenda. 

The latest polls have shown Trump with his lowest approval ratings to date. A poll last week showed 41 percent of people approve of Trump’s performance, while 59 percent disapprove. 

Dimon also reportedly expressed support for the Republican tax reform plan, which calls for reducing the corporate tax cut from 35 percent to 20 percent. 

Dimon took over earlier this year as the chairman of the Business Roundtable, giving him a prominent position to advocate for business interests. The role comes with a two-year term.