JPMorgan CEO: Democrats have no chance in 2020 (video)

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The Democratic party does not yet have a strong candidate for the 2020 presidential election, according to JPMorgan Chase CEO Jamie Dimon in an interview on Friday.

“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 said.

Dimon’s comments come as Democrats plan to take back both chambers of Congress in 2018. Speculation has been swirling around a slew of potential candidates who want 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, according to a report in The Hill.

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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