In riposte, Trump says JPMorgan's Jamie Dimon lacks 'smarts' to be president

Marco Green
September 15, 2018

Trump tweeted that Dimon "doesn't have the aptitude or "smarts" to be president, adding that he's "a poor public speaker & nervous mess".

President Donald Trump responded in a tweet on Thursday morning to comments made by J.P. Morgan Chase CEO Jamie Dimon dismissing his intellect and suggesting a 2020 run.

Dimon, as he has been sometimes wont to do after making grand claims, walked back his earlier comments, though some observers have noted that the latter part of his statement sounds suspiciously like something he would say if he were running for president.

His comments come after CNBC reported on Wednesday that Dimon told reporters at JPMorgan headquarters in NY: "I think I could beat Trump".

Dimon quickly clarified that he is not running for president and should not have made the remarks. "I would be fine", Dimon said.

The Republican President, known for his acerbic insults on Twitter, was hitting back at Mr Dimon for saying on Wednesday that he was smarter than Mr Trump and could beat him in a White House race. "He could punch me all he wants, it wouldn't work with me". Proves I wouldn't make a good politician.

"And by the way, this wealthy New Yorker actually earned his money".

Dimon was a member of the president's strategy and policy forum - a council of US business leaders - which disbanded past year in the backlash to Trump's response to a white-supremacist rally in Charlottesville. And this year, Dimon said the administration's policy of separating children from parents at the US border with Mexico was cruel.

Other reports by Click Lancashire

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