J.P. Morgan Chase Chief Executive Officer Jamie Dimon made some interesting comments on today’s political affairs, even though he’s said publicly he won’t run for president and is committed to head the bank for the next five years.
“I think I could beat Trump… because I’m as tough as he is, I’m smarter than he is,” said Dimon. “I can’t beat the liberal side of the Democratic party.”
Dimon, 62, has been outspoken about what the U.S. needs to do to improve economic growth for a broader set of participants. He’s also pushed for common-sense actions on topics from immigration policy to infrastructure spending. So he’s often been asked whether he would run for president. In the past, he has said that while he would like running the country, he could never win an election. But the victory of Donald Trump in 2016 — another billionaire New York businessman — raised the possibility that Dimon might change his mind.
Still, while the questions remain, Dimon maintains that he probably couldn’t win. In Wednesday’s comments, he indicated that its unlikely a rich banker could beat the liberal side of the Democratic party.
“And by the way this wealthy New Yorker actually earned his money,” Dimon added. “It wasn’t a gift from Daddy.”
Dimon was speaking at an event in New York where J.P. Morgan was discussing its new program of committing $500 million to boost economic growth in select cities around the world.