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Jamie Dimon said that he could beat President Donald Trump in an election. Then he brought it back.
"I should not have said it," the JPMorgan Chase (JPM) CEO said in a statement. "I do not run in the presidential election, proving I would not be a good politician, I'm frustrated because I want all parties to come together to help solve big problems."
Earlier Wednesday, Dimon said he could face the president and win. But he seemed to suggest that he would not survive the primary democrats.
"I think I could beat Trump," said Dimon at an event in New York on Wednesday, according to a transcript published by CNBC. "I can not beat the liberal side of the Democratic Party."
He added, "I'm as hard as he is, I'm smarter than him.I'm fine.He could hit me whatever he wants, it would not work with me. I would fight right away. "
Dimon said he used to believe that a wealthy New Yorker could not be elected president, but he ended up making a mistake.
"By the way, this rich New Yorker actually earned his money," he said. "It was not a daddy's present."
JPMorgan confirmed the nature of the comments but said he did not have a transcript. The White House did not immediately respond to a request for comment.
Dimon is probably the most influential bank CEO in the United States. He is the longest serving director of Wall Street and heads the powerful Business Roundtable, which defends corporate interests in public policy.
Since the 2016 elections, Dimon has often participated on trade, immigration and other issues.
He was asked several times if he intends to run for president in 2020, but he still persists. He said earlier this year that he had agreed to lead JPMorgan until 2023.
Dimon said in an interview with CNNMoney in July that he might not agree with all of Trump's policies, but feels that it would be helpful to work with him.
"You can not withdraw from the playground," he said at the time.
CNNMoney (New York) First published on September 12, 2018: 12:07 ET
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