Economy

Jamie Dimon immediately regrets bragging he could beat Donald Trump

Jamie Dimon immediately regrets bragging he could beat Donald Trump

"I'm not running for President", Dimon said in a written statement released within an hour of his original comments.

'I think I could beat Trump, ' Dimon said Wednesday morning at an event held at his bank's Park Avenue headquarters, according to CNBC.

"I mean, I've said this before Trump was elected".

Dimon, 62, has said publicly in the past he will not run for president and does not have the temperament for the job.

In January, Dimon claimed that Democrats can not beat Trump because they don't have a "strong centrist, pro-business, pro-free enterprise [candidate]". And I grew up in a poorer part of Queens than he did, but I am a banker. "Proves I wouldn't make a good politician", the Wall Street executive said in a statement.

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Mr. Dimon immediately walked those comments back and said he isn't running for the country's top office.

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". "I am part of the elite". Dimon went on to complain that the public does not look "at Trump as part of the elite", instead, "They look at him as the upstart who punched the elite in the nose every day".

"I can't beat the liberal side of the Democratic party", he said. And this year, Dimon said the administration's policy of separating children from parents at the USA border with Mexico was cruel. 'It wasn't a gift from Daddy'.

Trump disbanded the board after he was criticized for failing to sufficiently condemn white supremacists in the aftermath of Charlottesville's rally last August. The banking executive fully supported President Trumps corporate tax cuts that passed late a year ago, but has expressed frustration with the White Houses positions on immigration and trade.


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