JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that if he had to wager on the outcome of the 2020 election, it would be for a Democrat in the White House.
“My guess is no better than yours, but if I had to bet” it’d be that Donald Trump will be a one-term president, Dimon said Wednesday at an Economic Club of Chicago event. “The Democrats have to come up with a reasonable candidate. If they have a complete leftist candidate, Trump will win again.”
Dimon, 61, who’s described himself as “barely a Democrat,” had several digs for Trump during an hour-long discussion that ranged from the current tax overhaul to lessons from the financial crisis.
Regarding the nation to the south, Dimon said that “we should never be rude to a neighbor like Mexico." Dimon conceded that sometimes the president is "partially right,” like on his stance with China, which has unfair advantages in terms of trade. And the CEO offered his opinion that Detroit Mayor Mike Duggan should be president, based on the job he’s done with that city.
Bear Stearns Cos. because his firm was later fined for that bank’s actions. He said he’ll write a book about the lessons from the financial crisis, and name people that treated the bank unfairly in regards to the government-requested purchase.
“I would never shake the hand of the government again,” Dimon said. “I don’t trust any one of them, ever.”
“My guess is no better than yours, but if I had to bet” it’d be that Donald Trump will be a one-term president, Dimon said Wednesday at an Economic Club of Chicago event. “The Democrats have to come up with a reasonable candidate. If they have a complete leftist candidate, Trump will win again.”
Dimon, 61, who’s described himself as “barely a Democrat,” had several digs for Trump during an hour-long discussion that ranged from the current tax overhaul to lessons from the financial crisis.
Regarding the nation to the south, Dimon said that “we should never be rude to a neighbor like Mexico." Dimon conceded that sometimes the president is "partially right,” like on his stance with China, which has unfair advantages in terms of trade. And the CEO offered his opinion that Detroit Mayor Mike Duggan should be president, based on the job he’s done with that city.
Bear Stearns Cos. because his firm was later fined for that bank’s actions. He said he’ll write a book about the lessons from the financial crisis, and name people that treated the bank unfairly in regards to the government-requested purchase.
“I would never shake the hand of the government again,” Dimon said. “I don’t trust any one of them, ever.”
