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 TrumpTrump nominates ambassador to Turkey Trump heads to Mar-a-Lago after signing bill to avert shutdown CNN, MSNBC to air ad turned down by Fox over Nazi imagery 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 HarrisNewsom endorses Kamala Harris for president Constitutional conservatives need to oppose the national emergency Overnight Health Care — Sponsored by America's 340B Hospitals — Dems blast rulemaking on family planning program | Facebook may remove anti-vaccine content | Medicare proposes coverage for new cancer treatment MORE (Calif.), Elizabeth WarrenElizabeth Ann WarrenNewsom endorses Kamala Harris for president Constitutional conservatives need to oppose the national emergency Poll: Sanders, Biden seen as most popular second choices in Dem primary MORE (Mass.), Cory BookerCory Anthony BookerNewsom endorses Kamala Harris for president Trump tweets video mocking Dems not cheering during State of the Union Former Virginia Gov McAuliffe writes book about confronting white nationalism MORE (N.J.) and former Vice President Joe BidenJoseph (Joe) Robinette BidenNewsom endorses Kamala Harris for president Trump, Biden in dead heat in hypothetical 2020 matchup among Texas voters Biden calls for reauthorization of Violence Against Women Act MORE, as well as Sen. Bernie SandersBernard (Bernie) SandersNewsom endorses Kamala Harris for president Business, conservative groups slam Trump’s national emergency declaration Poll: Sanders, Biden seen as most popular second choices in Dem primary 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.