JP Morgan Chase CEO says he could beat Trump in 2020, then immediately backtracks


Well, that was fast.
Although he had previously ruled out a presidential run, JP Morgan Chase CEO Jamie Dimon seemed to tease a 2020 race against President Trump on Wednesday when he boasted during an event that he "could beat Trump" because he's "smarter than [Trump] is," per CNBC. Dimon added that unlike Trump, he's a New Yorker whose money "wasn't a gift from daddy."
But Dimon backed down almost immediately, putting out an apology just one hour later. "I should not have said it," he said in a follow-up statement, per Bloomberg. "I'm not running for president." Dimon added that his spontaneous comments are proof of why he "wouldn't make a good politician," also saying that he wants "all sides to come together."
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This actually isn't the first time that Dimon, who describes himself as being "barely" a Democrat, has made a negative statement about Trump that he subsequently took back. In November 2017, Dimon predicted that Trump would be a one-term president but later backtracked, telling Fox Business, "I wish I hadn't said it."
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Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
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