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'
© Getty Images

JPMorgan Chase CEO Jamie Dimon on Wednesday taunted President TrumpDonald John TrumpTrump: Dems playing destructive 'con game' with Kavanaugh Several Yale Law classmates who backed Kavanaugh call for misconduct investigation Freedom Caucus calls on Rosenstein to testify or resign 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."

ADVERTISEMENT

"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 HarrisCelebrities, lawmakers wear black to support Kavanaugh’s accuser Dems fight to protect Mueller amid Rosenstein rumors Kamala Harris calls for Senate to protect Mueller probe as Rosenstein faces potential dismissal MORE (Calif.), Elizabeth WarrenElizabeth Ann WarrenLawmakers unveil massive bipartisan bill aimed at fighting opioid crisis Dems push back on using federal funds to arm teachers Admiral defends record after coming under investigation in 'Fat Leonard' scandal MORE (Mass.), Cory BookerCory Anthony BookerRNC spokeswoman: Who is more unhinged - Hirono, Avenatti, or Spartacus? Ex-White House official revises statement to Mueller after Flynn guilty plea: report CNN editor: Booker's 'groping incident' 'different' from Kavanaugh allegation MORE (N.J.) and former Vice President Joe BidenJoseph (Joe) Robinette BidenKavanaugh needs to be more 'animated' during hearing, says former Clarence Thomas advisor The Hill's Morning Report — Trump backs Kavanaugh, puts Rosenstein in limbo Saving the transatlantic partnership MORE, as well as Sen. Bernie SandersBernard (Bernie) SandersPoll: Gillum leads DeSantis by 5 points in Florida governor race Sanders: Kavanaugh accusers 'have risked their lives to come forward' Helping citizens unite in post-Citizens United America 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.