CEO of JPMorgan Jamie Dimon said he thinks President Donald Trump will be a one-term president and lose his reelection bid in 2020, Wednesday.
Dimon believes Democrats need to be more business friendly to win back the White House and must develop a “pro-free enterprise” agenda if they want to be competitive, CNBC reported.
When asked at a luncheon for The Economic Club of Chicago how long he thought Trump would be in office, Dimon said he thinks Trump will be gone by 2021 — assuming the Democrats offer a sane alternative.
“If I had to bet, I’d bet three and half,” he said. “But the Democrats have to come up with a reasonable candidate … or Trump will win again.”
Dimon has been the CEO of JPMorgan for almost 12 years and describes himself as “barely a Democrat.”
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