January 13, 2018
JPMorgan Chase CEO Jamie Dimon said in an interview on Friday that the Democratic Party does not have a strong candidate for the 2020 presidential election.
“The thing about the Democrats is they will not have a chance, in my opinion. They don’t have a strong centrist, pro-business, pro-free enterprise person," Dimon told Maria Bartiromo on Fox Business's "Wall Street Week."
"The American public is not clamoring for more government. They were angry about the Great Recession, they blamed banks, they blamed Washington, but they’re also angry about the bureaucracy,” he continued.
Democrats are set to attempt to take back both chambers of Congress in 2018, while speculation swirls around a slew of potential candidates to take on President Trump in 2020.
Figures such as Sens. Bernie Sanders (I-Vt.), Kamala Harris (D-Calif.), Cory Booker (D-N.J.) and former Vice President Joe Biden have all been floated as possible contenders.
Dimon, who serves as the chairman of the Business Roundtable, said in November that Trump would likely be a one-term president. He has since said he regrets those comments.
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