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 TrumpSarah Huckabee Sanders becomes Fox News contributor The US-Iranian scuffle over a ship is a sideshow to events in the Gulf South Korea: US, North Korea to resume nuclear talks 'soon' 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 HarrisPoll shows Biden, Warren tied with Trump in Arizona Rising Warren faces uphill climb with black voters Inslee drops out of 2020 presidential race MORE (Calif.), Elizabeth WarrenElizabeth Ann WarrenKrystal Ball: Elites have chosen Warren as The One; Lauren Claffey: Is AOC wrong about the Electoral College? Poll shows Biden, Warren tied with Trump in Arizona McConnell rejects Democrats' 'radical movement' to abolish filibuster MORE (Mass.), Cory BookerCory Anthony BookerOvernight Defense: Two US service members killed in Afghanistan | Trump calls on other nations to take up fight against ISIS | Pentagon scraps billion-dollar missile defense program ABC unveils moderators for third Democratic debate Sanders targets gig economy as part of new labor plan MORE (N.J.) and former Vice President Joe BidenJoe BidenSarah Huckabee Sanders becomes Fox News contributor Poll shows Biden, Warren tied with Trump in Arizona Giuliani says he discussed Biden with Ukrainian official MORE, as well as Sen. Bernie SandersBernie Sanders2020 candidates have the chance to embrace smarter education policies Bernie Sanders Adviser talks criminal justice reform proposal, 'Medicare for All' plan Poll shows Biden, Warren tied with Trump in Arizona 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.