Today, the chief executive of bank JP Morgan said that he could beat Donald Trump, the President of the United States of America, in an election.
He claimed: “I think I could beat Trump… because I’m as tough as he is, I’m smarter than he is.”
Dimon is 62 years old. He has previously ruled out the possibility of running for the presidential post. However, today, CNBC reported that he said that as a rich banker, “I can’t beat the liberal side of the Democratic party.”
Talking at an event of JP Morgan, he was answeing the question given by a moderator that was asking why he did not dare to run for the presidency.
Dimon said that he would be able to handle the aggressive approach of Trump that saw him blow away the field in the Republic primary race prior to defeating Hillary Clinton in the US presidential elections in 2016.
Dimon stated: “I would be fine, he can punch me all he wants and it wouldn’t work.”
Dimon said that he once believed that a wealthy New Yorker could not be elected as president, however, he said that he ended up being “dead wrong.”
Dimon and Trump both hail from New York, however, Dimon has previously been considered as a large donor to the Democratic Party, in contrast to Trump who is a Republican.
The JP Morgan boss added: “And by the way, this wealthy New Yorker actually earned his money.”
He continued: “It wasn’t a gift from Daddy.”
JPMorgan confirmed the nature of its boss’ comments, however, it said that it did not have a transcript.
The White House did not immediately respond to a request for comment.
Later, the bank released a statement from Dimon, rowing back on the boss’ comments.
He stated: “I should not have said it. I’m not running for president. Proves I wouldn’t make a good politician. I get frustrated because I want all sides to come together to help solve big problems.”