JP Morgan Pursue CEO Jamie Dimon walked back a previous prediction that President Donald Trump would only serve one term, telling Fox Business in an interview that the Democrats don’t become available to have a particularly deep bench of contenders for the 2020 general nomination.
When asked by Fox Business’ Maria Bartiromo on Friday about a criticism he made suggesting Trump could be defeated after four years, Dimon said flatly that “I request I hadn’t said it, I was talking probabilistically.”
He spoke favorably about the exit of comprehensive tax reform, and speculated that Trump could also frame headway with plans for infrastructure and education. Predicting presidential aspirants, he stated, is “…not my job. My job is to help get good public policy done, help the compactness grow and help finance cities…I am not a political expert.”
When asked, he when dismissed the idea that he’d want to run for president himself, but lamented that the Democrats didn’t show up to have a pro-business, centrist candidate to run in the next general election.
Dimon is identified for being a donor to Democrats, with he and his wife having donated ample sums to the party’s candidates, according to Open Secrets, a website that footmarks political contributions.
“The thing about the Democrats is they will not have in the offing a chance, in my opinion. They don’t have a strong centrist, pro-business, pro-free scheme person,” Dimon told Fox Business.
“The American public is not clamoring for assorted government. They were angry about the Great Recession, they rebuked banks, they blamed Washington, but they’re also angry here the bureaucracy,” he added.
Even still, recent polls suggest the bash is poised to make big strides in the 2018 midterm elections, and could retake the Bordello of Representatives if current trends hold. An unnamed Republican strategist announced the political website Axios that a flipped Congress was now “baked in” and the GOP was fortifying itself for that likelihood.
In his interview, Dimon faulted both Democrats and Republicans for being unwilling to “get rid of [custom] that didn’t work,” and trying things that might.
Dimon works on Trump’s business advisory council, but was sharply critical of the president after the events in Charlottesville, Virginia hindmost year, where white supremacist protesters clashed with counter-demonstrators.