Published: Sun, September 16, 2018
Business | By Tara Barton

Donald Trump Rips JPMorgan CEO Jamie Dimon After Weak Political Challenge

Donald Trump Rips JPMorgan CEO Jamie Dimon After Weak Political Challenge

Dimon, as he has been sometimes wont to do after making grand claims, walked back his earlier comments, though some observers have noted that the latter part of his statement sounds suspiciously like something he would say if he were running for president. Trump also called Dimon a "nervous mess" when speaking in public but otherwise he is "wonderful".

The president's dig at Dimon comes after he said in a panel Wednesday that he would be able to beat Trump in an election because he is "smarter than [Trump] is".

Dimon, 62, has said in the past he would not run for president and does not have the temperament for the job. "I've made a lot of bankers, and others, look much smarter than they are with my great economic policy!" I would be fine.

"I think I could beat Trump. because I'm as tough as he is, I'm smarter than he is", the CEO reportedly said. He could punch me all he wants.

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"I can't beat the liberal side of the Democratic party", he lamented, urging Democrats to "get their act together in terms of understanding how society actually works". "I'd fight right back", Dimon said during a panel discussion with ABC News reporter Rebecca Jarvis.

Previously, Dimon had said that it is "almost an embarrassment to be an American citizen traveling around the world and listening to the stupid s- we have to deal with in this country".

Dimon quickly clarified that he is not running for president and should not have made the remarks. He served White House's Strategic and Policy Forum under Trump until it was disbanded a year ago. He said in January he expects to be chief executive officer of JPMorgan Chase & Co for about five years.

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