Donald Trump blasted JPMorgan Chase CEO Jamie Dimon in a tweet on Thursday, saying he’s not cut out for the White House.
‘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.
‘I’ve made a lot of bankers, and others, look much smarter than they are with my great economic policy!’
Dimon mocked the president on Wednesday, saying he could beat him in the 2020 election because he’s ‘smarter.’ He later walked it back and said he wasn’t planning to run.
Dimon hit Trump where it would hurt: The president is said to be sensitive about his standing in New York City society, how he earned his money, and his intelligence.
‘I think I could beat Trump,’ Dimon said Wednesday morning at an event held at his bank’s Park Avenue headquarters, according to CNBC. ‘Because I’m as tough as he is, I’m smarter than he is. I would be fine. He could punch me all he wants, it wouldn’t work with me. I’d fight right back.’
Dimon said that winning the Democratic nomination would be the truly hard part: ‘I can’t beat the liberal side of the Democratic Party.’
He also addressed Trump’s social standing in New York.
‘I grew up in a poorer part of Queens than he did, but I am a banker. I am part of the elite,’ Dimon said. ‘I don’t think the American public looks at Trump as part of the elite. They look at him as the upstart who punched the elite in the nose every day.’
In one last dig, he noted that he earned his money – unlike Trump, whose father gave him $1 million in startup capital.