Jamie Dimon says he could beat Trump in an election, then retreats

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JPMorgan CEO on working with President Trump

Jamie Dimon mentioned he may beat President Donald Trump in an election. Then he walked it again.

“I mustn’t have mentioned it,” the JPMorgan Chase (JPM) CEO mentioned in an announcement. “I am not operating for President. Proves I would not make an excellent politician. I get annoyed as a result of I would like all sides to come back collectively to assist clear up large issues.”

Earlier Wednesday, Dimon mentioned he may tackle the president and win. However he appeared to recommend he would not survive the Democratic primaries.

“I feel I may beat Trump,” Dimon mentioned at an occasion in New York on Wednesday, in response to a transcript posted by CNBC. “I can not beat the liberal facet of the Democratic Occasion.”

He added: “I am as powerful as he’s, I am smarter than he’s. I might be advantageous. He may punch me all he desires, it would not work with me. I would struggle proper again.”

Dimon mentioned that he used to imagine a rich New Yorker could not be elected president, however ended up being “lifeless mistaken.”

“And by the best way, this rich New Yorker really earned his cash,” he mentioned, referring to himself. “It wasn’t a present from Daddy.”

JPMorgan confirmed the character of the feedback however mentioned it didn’t have a transcript. The White Home didn’t instantly reply to a request for remark.

Dimon might be America’s most influential financial institution CEO. He’s the longest-serving chief govt on Wall Avenue and heads the highly effective Enterprise Roundtable, which promotes the pursuits of enterprise in public coverage.

Because the 2016 election, Dimon has weighed in ceaselessly on commerce, immigration and different points.

He is been requested repeatedly whether or not he intends to run for president in 2020, however persistently demurs. He mentioned earlier this yr that he has agreed to steer JPMorgan till 2023.

Dimon mentioned in an interview with CNNMoney in July that he might not agree with all of Trump’s insurance policies, however sees worth in working with him.

“You may’t take your self off the enjoying discipline,” he mentioned on the time.

CNNMoney (New York) First revealed September 12, 2018: 12:07 PM ET

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