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JP Morgan CEO Jamie Dimon Apologizes For Saying He Could Beat Trump In Election

Jamie Dimon, Chief Executive Officer of J.P. Morgan Chase, has apologized after he said he could beat President Donald Trump in an head-to-head election.

When asked about President Donald Trump, Dimon said that he would be able to beat the president in an election.

"I think I could beat Trump," Dimon said Wednesday during an event held at his bank's Park Avenue headquarters in New York, 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 he used to believe a wealthy New Yorker couldn't be elected president, but ended up being "dead wrong."

"And by the way, this wealthy New Yorker actually earned his money," he said referring about himself. "It wasn't a gift from Daddy."

However, Dimon apologized shortly after he issued those comments as it created a huge uproar.

"I should not have said it. I'm not running for president," the CEO said about an hour after he said the original statement. "Proves I wouldn't make a good politician. I get frustrated because I want all sides to come together to help solve big problems."

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