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JP Morgan chief Dimon says shouldn't have made remarks about Trump

Reuters  |  WASHINGTON 

(Reuters) - & Co on Sunday said he regretted comments that he was "smarter" than U.S. and could beat him in an election.

"I shouldn't have said it. It also proves I would not be a good politician," Dimon said in an interview on ABC's ""

On Wednesday, Dimon quickly backtracked after saying he could beat Trump in a campaign but not liberal Democrats.

Trump had a sharp rejoinder for Dimon on Thursday, saying the JPMorgan lacked the "smarts" to be but was otherwise wonderful.

Dimon said he was speaking "more out of frustration and my own machismo," and had no plans to run for

"I never say never to anything, but no," Dimon said when asked if he would run for president.

The said he felt Trump's policies were helping the economy.

"He should take some credit," Dimon said, for regulatory and tax changes. "That has helped the economy. It is impossible to tease out how much."

(Reporting by Howard Schneider; Editing by Nick Zieminski)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, September 16 2018. 20:49 IST
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