Jamie Dimon, JPMorgan CEO, says he could beat Trump in an election

Yuri
Gripas/REUTERS; Samantha Lee/Business Insider

• JPMorgan Chase CEO Jamie Dimon claimed that he could “beat
  Trump” in an election, but could not beat out the “liberal side”
  of the Democratic Party to secure a nomination.
• Dimon also took a shot at Trump’s personal wealth, which he
  called a “a gift from daddy.”
• There has been longstanding speculation about Dimon’s
  political ambitions, but the JPMorgan CEO has typically shot
  down the suggestions.

JPMorgan Chase CEO Jamie Dimon took aim at President Donald Trump
during a JPMorgan event on Wednesday.

“I think I could beat Trump,”
Dimon said.

“Because I’m as tough as he is, I’m smarter than he is,” he
continued. “I would be fine. He could punch me all he wants, it
wouldn’t work with me. I’d fight right back.”

But Dimon, a lifelong Democrat, also added that he could
not win an election due to the “liberal side” of the Democratic
Party.

The JPMorgan CEO also attacked the way in which Trump
accumulated his personal wealth.

“And by the way, this wealthy New Yorker actually earned
his money,” Dimon said. “It wasn’t a gift from daddy.”

Dimon was speaking at an event to announce
JPMorgan’s new effort to spend $500 million to boost
economic growth in various cities around the world.

Speculation about Dimon’s political ambitions has swirled
for years. In recent annual letters, Dimon has opined about the
state of the country and weighed in on issues such as
education,
infrastructure, and healthcare.

But Dimon has repeatedly shot down the suggestion of
running for office.

“It’s not what I’ve been trained to do — I’ve never run for
office, I’ve never thought of things like that, so I think you
have to be a sort of kind of person to be a politician,” Dimon

told Business Insider in February.