Jamie Dimon says he could beat Trump: 'I'm smarter than he is'

Jamie Dimon says he could beat Trump: 'I'm smarter than he is'
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JPMorgan Chase CEO Jamie Dimon on Wednesday taunted President TrumpDonald John TrumpCoast Guard chief: 'Unacceptable' that service members must rely on food pantries, donations amid shutdown Dem lawmaker apologizes after saying it's never been legal in US to force people to work for free Grassley to hold drug pricing hearing MORE, saying he could beat the president in an election because he's "smarter."

"I think I could beat Trump ... because I'm as tough as he is, I'm smarter than he is," Dimon said, according to CNBC.

"I can't beat the liberal side of the Democratic Party," he added.

Dimon, speaking at an event where JPMorgan was detailing a $500 million investment to boost economic growth around the world, also told the crowd that he "actually earned [my] money."

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"It wasn't a gift from daddy," Dimon said, according to CNBC, in another jab at the president.

Within an hour of blasting Trump, Dimon walked back his comments.

"I should not have said it," Dimon said in a statement. "I’m not running for president. Proves I wouldn’t make a good politician. I get frustrated because I want all sides to come together to help solve big problems."

Dimon, 62, has a history of wading into politics, particularly since Trump took office, prompting speculation he may run for office. In the past year, he has predicted Trump would be a one-term president, warned that Democrats lack a quality candidate to win in 2020 and credited the GOP tax cuts with accelerating economic growth.

However, Dimon said earlier this year that he's committed to remaining at JPMorgan Chase for another five years, which would rule out a presidential campaign in 2020.

A flurry of high-profile Democrats, including Sens. Kamala HarrisKamala Devi HarrisStaffer shares video of Kamala Harris dancing to Cardi B in office Mellman: Lynching and defective representation Poll shows 36 percent support Trump's reelection, 43 percent prefer generic Democrat MORE (Calif.), Elizabeth WarrenElizabeth Ann WarrenPoll shows 36 percent support Trump's reelection, 43 percent prefer generic Democrat Trump's approval rating holds steady at 45 percent amid government shutdown: poll Senate Dems introduce bill to keep DACA info private MORE (Mass.), Cory BookerCory Anthony BookerMellman: Lynching and defective representation Senate Dems introduce bill to keep DACA info private 2020 Dems seize on MLK Day for campaign messaging MORE (N.J.) and former Vice President Joe BidenJoseph (Joe) Robinette BidenPoll shows 36 percent support Trump's reelection, 43 percent prefer generic Democrat Trump's approval rating holds steady at 45 percent amid government shutdown: poll Hugh Hewitt: Biden has 'transgendered' into Ocasio-Cortez MORE, as well as Sen. Bernie SandersBernard (Bernie) SandersPoll shows 36 percent support Trump's reelection, 43 percent prefer generic Democrat Trump's approval rating holds steady at 45 percent amid government shutdown: poll Senate Dems introduce bill to keep DACA info private MORE (I-Vt.), are considered potential presidential candidates for 2020.

Trump has remained confident about his reelection chances despite sagging approval ratings, boasting last week that "nobody is going to come close" to defeating him in 2020.

— This report was updated at 12:04 p.m.