Jamie Dimon Says He Could Beat Trump, Immediately Backtracks

'I should not have said it,' JPMorgan Chase head later clarifies
By Evann Gastaldo,  Newser Staff
Posted Sep 12, 2018 12:30 PM CDT
JPMorgan Chase & Co. Chairman and CEO Jamie Dimon speaks at a luncheon celebrating the expansion of JPMorgan Chase into the Greater Washington region on Thursday, April 19, 2018 in Washington.   (Kevin Wolf/AP Images for JPMorgan Chase & Co.)

(Newser) – Jamie Dimon had fighting words for President Trump Wednesday morning, but by noon the JPMorgan Chase & Co. chairman and CEO was already backtracking. "I think I could beat Trump" in an election, Dimon said at an event celebrating the company's philanthropy. "I’m as tough as he is, I’m smarter than he is." He added, pointing to himself, "And by the way this wealthy New Yorker actually earned his money. It wasn't a gift from Daddy." (CNBC has the full transcript of his comments.) But within hours, the bank had sent out a statement, per Bloomberg: "I should not have said it," Dimon said. "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." No response from Trump yet. (Read more JPMorgan Chase stories.)

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