JP Morgan Chase CEO Jamie Dimon drew the ire of President Donald Trump Thursday morning after Dimon suggested he could beat Trump in a hypothetical 2020 presidential bid.
President Trump hits back at JP Morgan Chase CEO Jamie Dimon, belittling the banking chief as a "nervous mess" after Dimon had boasted he was smarter than the president and could beat him if he chose to run. https://t.co/KVsf7GTcud
— NBC News (@NBCNews) September 13, 2018
Dimon was speaking at an event at his company’s Manhattan headquarters on Wednesday, where he said he was “smarter” than Trump and could easily defeat him.
“I think I could beat Trump,” Dimon said. “Because I’m as tough as he is, I’m smarter than he is.”
Dimon hinted that he was tougher than the president, saying that Trump “could punch me all he wants, it wouldn’t work with me. I’d fight right back.”
The 62-year-old CEO and megadonor to the Democratic Party also took a swipe at Trump’s wealth: “And by the way, this wealthy New Yorker actually earned his money,” Dimon said. “It wasn’t a gift from Daddy,” referring to the millions of dollars Trump inherited from his real estate developer father Fred.
Dimon quickly walked back his comments, however, and enthusiastically denied any intention of running for president.
“I should not have said it. I’m not running for President,” he said. “Proves I wouldn’t make a good politician. I get frustrated because I want all sides to come together to help solve big problems.”
In his first tweet of the day on Thursday, Trump fired back at Dimon as only Trump can, chiding Dimon as “a poor public speaker” and “nervous mess.”
“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 said in a pre-dawn tweet. “I’ve made a lot of bankers, and others, look much smarter than they are with my great economic policy!”
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. I’ve made a lot of bankers, and others, look much smarter than they are with my great economic policy!
— Donald J. Trump (@realDonaldTrump) September 13, 2018
Twitter jumped to Dimon’s defense, with many agreeing that he is probably smarter than Trump.
I am quite sure that Dimon is a lot smarter than Trump!
— lucielocket51 (@lucielocket51) September 13, 2018
I’m not a fan of Dimon, but I do think he is a tad smarter than Trump
— Izzabella (@LibraryLadyNJ) September 13, 2018
Agreed, he's smarter! Whether #Dimon would make a good President is an entirely different question. Although after Trump, an inanimate object may fare better as the POTUS, at least an inanimate object won't tweet, lie or tweet lies.🤔
— KJ (@PrissyKFJ) September 13, 2018
Trump has gone on bankruptcy dozens of times, he claims to be a billionaire and he's not. That's one of the reasons why he refuses to show his taxes. Jamie Dimon, obviously is smarter than Trump.
— Eva C (@monkeyeva51) September 13, 2018
Trump himself wasn’t shown much mercy.