President Donald Trump responded to the claim from JP Morgan Chase CEO Jamie Dimon that he could beat Trump in an election.
Trump mocked Dimon on Twitter after the banker said he could win over Trump because he has greater intelligence and equal toughness.
Dimon, a lifelong Democrat, said he could beat Trump at a JP Morgan event on Wednesday, before quickly backtracking.
“I think I could beat Trump,” Dimon said. “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.”
“And by the way, this wealthy New Yorker actually earned his money,” Dimon said. “It wasn’t a gift from daddy.”
Within hours, Dimon released a statement regretting what he said.
“I should not have said it,” the statement said. “I’m not running for president. Proves I wouldn’t make a good politician. I get frustrated because I want all sides to come together to help solve big problems.”
Trump seized on Dimon’s comments in a tweet bashing his intelligence and presence on Thursday morning.
“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 tweeted. “I’ve made a lot of bankers, and others, look much smarter than they are with my great economic policy!”
Since taking office, Trump has overseen consecutive quarters of strong economic growth in jobs and GDP, though fact checkers find he often takes too much credit for the economy’s success.