President Donald Trump says JPMorgan Chase CEO Jamie Dimon would not have the “smarts” to run for president.
“The issue with banker Jamie Dimon operating for President is that he would not have the aptitude or ‘smarts’ & is a poor public speaker & nervous mess – in any other case he’s great,” Trump tweeted Thursday morning. “I’ve made lots of bankers, and others, look a lot smarter than they’re with my nice financial coverage!”
Trump was responding to feedback Dimon made at an occasion on the financial institution’s headquarters in New York the place he mentioned that he may beat Trump if he ran for president. Dimon later expressed regret for the feedback.
“I feel I may beat Trump,” Dimon, a Democrat, mentioned Wednesday, in accordance with a transcript posted by CNBC. “I am unable to beat the liberal facet of the Democratic Occasion.”
“I am as robust as he’s, I am smarter than he’s. I might be wonderful. He may punch me all he desires, it would not work with me. I would battle proper again.” Dimon added.
However hours later, Dimon walked it again.
“I mustn’t have mentioned it,” Dimon mentioned in an announcement. “I am not operating for President. Proves I would not make a great politician. I get pissed off as a result of I need all sides to come back collectively to assist remedy massive issues.”
Dimon often weighs in on quite a lot of Trump administration insurance policies, from commerce to immigration. He served White Home’s Strategic and Coverage Discussion board beneath President Trump till it was disbanded final 12 months.
He informed CNN in July that he would not all the time agree with Trump’s insurance policies. However Dimon, who leads one among America’s greatest monetary establishments, says he cannot ignore him both.
“You’ll be able to’t take your self off the enjoying discipline,” Dimon mentioned.
JPMorgan declined to remark about Trump’s tweet.
Dimon mentioned earlier this 12 months he’ll lead JPMorgan till 2023.
— CNN’s Cristina Alesci contributed to this report.
CNNMoney (New York) First printed September 13, 2018: eight:20 AM ET