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: I hope voters pay attention to Dem tactics amid Kavanaugh fight South Korea leader: North Korea agrees to take steps toward denuclearization Graham calls handling of Kavanaugh allegations 'a drive-by shooting' 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 HarrisSenate Democrats: Kavanaugh’s classmate must testify Kamala Harris on Kavanaugh accuser: ‘I believe her’ Senate Dems sue Archives to try to force release of Kavanaugh documents MORE (Calif.), Elizabeth WarrenElizabeth Ann WarrenOn The Money: Senate approves 4B spending bill | China imposes new tariffs on billion in US goods | Ross downplays new tariffs: 'Nobody's going to actually notice' Overnight Health Care: Senators target surprise medical bills | Group looks to allow Medicaid funds for substance abuse programs | FDA launches anti-vaping campaign for teens Warren joins Sanders in support of striking McDonald's workers MORE (Mass.), Cory BookerCory Anthony BookerSenate Dems sue Archives to try to force release of Kavanaugh documents Judd Gregg: The collapse of the Senate Dems engage in last-ditch effort to block Kavanaugh MORE (N.J.) and former Vice President Joe BidenJoseph (Joe) Robinette BidenBiden: Presume the 'essence' of sexual assault accusations are 'real' Sanders, Warren ask whether there’s room for both in primary Kavanaugh hires attorney amid sexual assault allegations: report MORE, as well as Sen. Bernie SandersBernard (Bernie) SandersWarren joins Sanders in support of striking McDonald's workers Kavanaugh allegations could be monster storm brewing for midterm elections      Senate approves 4B spending bill 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.