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 TrumpJustice Department preparing for Mueller report as soon as next week: reports Smollett lawyers declare 'Empire' star innocent Pelosi asks members to support resolution against emergency declaration 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 HarrisKamala Harris criticized by Jamaican father over marijuana joke Harris adds key Clinton aide, women of color to 2020 campaign: report Coast Guard lieutenant arrested, accused of planning domestic terrorism MORE (Calif.), Elizabeth WarrenElizabeth Ann WarrenCoast Guard lieutenant arrested, accused of planning domestic terrorism Hillicon Valley: Microsoft reveals new Russian hack attempts | Google failed to disclose hidden microphone | Booker makes late HQ2 bid | Conservative group targets Ocasio-Cortez over Amazon Trump campaign fundraising on Bernie Sanders's M haul MORE (Mass.), Cory BookerCory Anthony BookerCoast Guard lieutenant arrested, accused of planning domestic terrorism Hillicon Valley: Microsoft reveals new Russian hack attempts | Google failed to disclose hidden microphone | Booker makes late HQ2 bid | Conservative group targets Ocasio-Cortez over Amazon Jussie Smollett officially a suspect in alleged Chicago attack MORE (N.J.) and former Vice President Joe BidenJoseph (Joe) Robinette BidenBiden tops declared 2020 Dems in New Hampshire poll O’Rourke not ruling out being vice presidential candidate Sanders on Trump insult: Crazy that president 'is a racist, a sexist, a xenophobe and a fraud' MORE, as well as Sen. Bernie SandersBernard (Bernie) SandersBernie Sanders to sign pledge affirming he will run as a Democrat Overnight Health Care — Presented by National Taxpayers Union — Drug pricing fight centers on insulin | Florida governor working with Trump to import cheaper drugs | Dems blast proposed ObamaCare changes Hillicon Valley: Microsoft reveals new Russian hack attempts | Google failed to disclose hidden microphone | Booker makes late HQ2 bid | Conservative group targets Ocasio-Cortez over Amazon 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.