J.P. Morgan’s Chief Executive Officer, Jamie Dimon, a lifelong democrat, just threw some major shade at President Trump.
The CEO has claimed that in a head-to-head election, he would win over Trump.
Dimon spoke at an event recently in New York at the company’s headquarters and said, “I think I could beat Trump. Because I’m as tough as he is, I’m smarter than he is. I would be fine. He could punch me all he wants, it wouldn’t work with me. I’d fight right back.”
While many were excited to think he could be running for president, he shortly after addressed the rumors and said, “I should not have said it. I’m not running for president.”
He did however also make sure to note that his money was earned. He said, “And by the way this wealthy New Yorker actually earned his money. It wasn’t a gift from Daddy.”
The 62-year old said that his off-the-cuff outburst “proves I wouldn’t make a good politician. He added, “I get frustrated because I want all sides to come together to help solve big problems.”
Dimon has been very vocal about what he thinks the United States should do to improve economic growth. In 2017, the executive had said that it was “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.”
The full interview is below:
Question: Why not throw your hat in the ring, Jamie? [laughter]
Dimon: I mean, I’ve said this before Trump was elected. You’re not going to get a wealthy New Yorker elected president. Boy I was dead wrong. And by the way, this wealthy New Yorker [pointing to himself] actually earned his money. It wasn’t a gift from Daddy. And I grew up in a poorer part of Queens than he did, but I am a banker. I am part of the elite. He…I don’t think the American public looks at Trump as part of the elite. They look at him as the upstart who punched the elite in the nose every day. And so I think…I think I could beat Trump. I can’t beat the liberal side of the Democratic party.
Question: You think you can beat Trump?
Dimon: Yeah. I do, yeah. [laughter] Because I’m as tough as he is, I’m smarter than he is. I would be fine. He could punch me all he wants, it wouldn’t work with me. I’d fight right back. But you have these….the Democratic party….they’ve got to get their act together in terms of understanding how society actually works. Because if they just keep on pounding away at business…I watch these ads on TV with all these people …they’re all running and they’re all going to [wags finger] …business where their place is. Well, OK, right that’s going to really work. That’s going to really succeed……Anyway my wife wouldn’t let me, either. She told me she’d love to be first lady. She did not say that, but I do think it’d be a really interesting White House if she were first lady. It would be a little bit…..you compare yourself, remember that show the Nanny with Fran Drescher? [laughter] She says that, not me.