Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

JP Morgan chief Dimon says shouldn't have made remarks about Trump

Published 16/09/2018, 15:49
Updated 16/09/2018, 15:50
© Reuters. FILE PHOTO: Dimon, CEO of JPMorgan Chase, takes part in a panel discussion about investing in Detroit at the Kennedy School of Government at Harvard University in Cambridge

© Reuters. FILE PHOTO: Dimon, CEO of JPMorgan Chase, takes part in a panel discussion about investing in Detroit at the Kennedy School of Government at Harvard University in Cambridge

WASHINGTON (Reuters) - JPMorgan Chase & Co (N:JPM) Chief Executive Jamie Dimon on Sunday said he regretted comments that he was "smarter" than U.S. President Donald Trump and could beat him in an election.

"I shouldn't have said it. It also proves I would not be a good politician," Dimon said in an interview on ABC's "This Week."

On Wednesday, Dimon quickly backtracked after saying he could beat Trump in a campaign but not liberal Democrats.

Trump had a sharp rejoinder for Dimon on Thursday, saying the JPMorgan chief executive lacked the "smarts" to be president but was otherwise wonderful.

Dimon said he was speaking "more out of frustration and my own machismo," and had no plans to run for president.

"I never say never to anything, but no," Dimon said when asked if he would run for president.

The bank executive said he felt Trump's policies were helping the economy.

© Reuters. FILE PHOTO: Dimon, CEO of JPMorgan Chase, takes part in a panel discussion about investing in Detroit at the Kennedy School of Government at Harvard University in Cambridge

"He should take some credit," Dimon said, for regulatory and tax changes. "That has helped the economy. It is impossible to tease out how much."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.