Trump: Jamie Dimon doesn't have the 'smarts' to be president

President Donald Trump says JPMorgan Chase CEO Jamie Dimon doesn't have the "smarts" to run for president....

Posted: Sep 13, 2018 3:18 PM
Updated: Sep 13, 2018 3:18 PM

President Donald Trump says JPMorgan Chase CEO Jamie Dimon doesn't have the "smarts" to run for president.

"The problem with banker Jamie Dimon running for President is that he doesn't have the aptitude or 'smarts' & is a poor public speaker & nervous mess - otherwise he is wonderful," Trump tweeted Thursday morning. "I've made a lot of bankers, and others, look much smarter than they are with my great economic policy!"

Trump was responding to comments Dimon made at an event at the bank's headquarters in New York where he said that he could beat Trump if he ran for president. Dimon later expressed remorse for the comments.

"I think I could beat Trump," Dimon, a Democrat, said Wednesday, according to a transcript posted by CNBC. "I can't beat the liberal side of the Democratic Party."

"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." Dimon added.

But hours later, Dimon walked it back.

"I should not have said it," Dimon said in a statement. "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."

Dimon regularly weighs in on a variety of Trump administration policies, from trade to immigration. He served White House's Strategic and Policy Forum under President Trump until it was disbanded last year.

He told CNN in July that he doesn't always agree with Trump's policies. But Dimon, who leads one of America's biggest financial institutions, says he can't ignore him either.

"You can't take yourself off the playing field," Dimon said.

JPMorgan declined to comment about Trump's tweet.

Dimon said earlier this year he will lead JPMorgan until 2023.

-- CNN's Cristina Alesci contributed to this report.

Article Comments

West Lafayette
Clear
69° wxIcon
Hi: 85° Lo: 60°
Feels Like: 69°
Kokomo
Clear
66° wxIcon
Hi: 85° Lo: 61°
Feels Like: 66°
Rensselaer
Overcast
70° wxIcon
Hi: 82° Lo: 57°
Feels Like: 70°
Fowler
Overcast
70° wxIcon
Hi: 83° Lo: 58°
Feels Like: 70°
Williamsport
Scattered Clouds
72° wxIcon
Hi: 84° Lo: 59°
Feels Like: 72°
Crawfordsville
Clear
64° wxIcon
Hi: 84° Lo: 61°
Feels Like: 64°
Frankfort
Overcast
67° wxIcon
Hi: 83° Lo: 60°
Feels Like: 67°
Delphi
Broken Clouds
73° wxIcon
Hi: 85° Lo: 60°
Feels Like: 73°
Monticello
Broken Clouds
73° wxIcon
Hi: 84° Lo: 59°
Feels Like: 73°
Logansport
Overcast
64° wxIcon
Hi: 84° Lo: 59°
Feels Like: 64°
Widespread rainfall returns Sunday
WLFI Radar
WLFI Temps
WLFI Planner

Community Events