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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 TrumpBiden says GOP senators have called to congratulate him Biden: Trump attending inauguration is 'of consequence' to the country Biden says family will avoid business conflicts 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 HarrisBiden says GOP senators have called to congratulate him Biden says family will avoid business conflicts Biden says China must play by 'international norms' MORE (Calif.), Elizabeth WarrenElizabeth WarrenSchwarzenegger says he would 'absolutely' help Biden administration Disney chair says he would consider job in Biden administration if asked Despite veto threat, Congress presses ahead on defense bill MORE (Mass.), Cory BookerCory BookerJudge whose son was killed by gunman: 'Federal judiciary is under attack' Biden budget pick sparks battle with GOP Senate Policy center calls for new lawmakers to make diverse hires MORE (N.J.) and former Vice President Joe BidenJoe BidenBiden says GOP senators have called to congratulate him Biden: Trump attending inauguration is 'of consequence' to the country Biden says family will avoid business conflicts MORE, as well as Sen. Bernie SandersBernie SandersFormer Sanders press secretary: 'Principal concern' of Biden appointments should be policy DeVos knocks free college push as 'socialist takeover of higher education' The Hill's 12:30 Report — Presented by Capital One — Giuliani denies discussing preemptive pardon with Trump 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.