Author: openjargon

• It sure looks like Donald Trump's campaign team doesn't want Joe Biden to drop out of the race.
• "I think he's doing okay enough to stay," Donald Trump Jr. said of Biden's latest press conference.
• Trump's people believe that they'll win by a landslide if Biden stays on, per The New York Times.

President Joe Biden is still under pressure to drop out of the race after his uneven performance at Thursday's press conference. But he's getting some support — and it's coming from Trumpworld.

Former President Donald Trump is slated to face off against Biden this November, and it looks like his family and campaign team are rooting for Biden to remain his opponent.

"I think he's doing OK enough to stay. The press, I think their mission was to try to get him out with this, but I don't think they are going to," Donald Trump Jr. said in a livestream on Thursday.

Trump's eldest son weighed in on Biden's candidacy in the latest episode of his podcast, "Triggered with Don Jr." Notably, Trump Jr. sprinkled in some praise for Biden while volleying insults at him.

"I don't think anyone wants to call this guy at an emergency at 3 o'clock in the morning but you know, he did an hour. It's almost an hour," Trump Jr. said midway through Biden's press conference.

"I think he did better than I actually thought he was going to do. I don't think it was a great job by any means, but I think it's a big one," he said near the end of the podcast.

The Trump camp is itching for a 2020 rematch

The New York Times' Jonathan Swan reported on Thursday that people close to Trump are rejoicing that Biden performed decently at the press conference.

Swan wrote that Trump's people believe it'll now be harder for the Democratic Party to boot Biden off the ticket — and they're holding on to hope that Trump can secure a landslide victory if Biden stays his opponent.

Also on Thursday, Politico spoke to a Trump advisor who was granted anonymity to discuss the campaign.

"Democrats' worst nightmare is unfolding," the advisor told the outlet. "He gave us enough new material and may stave off his insurrection."

The Trump campaign had already expressed its preference for Biden as a candidate even before Biden's disastrous debate on June 27.

Trump's campaign advisor Susie Wiles also called Biden a "gift" in an interview with The Atlantic's Tim Alberta in mid-June, which was published Wednesday.

When approached for comment, a spokesperson for Trump pointed to a clip of Trump speaking at a campaign event in Florida on Tuesday.

"Despite all the Democrat panic this week, the truth is, it doesn't matter who they nominate because we are going to beat anyone of them in a thundering landslide," Trump said.

Biden has repeatedly insisted that he'll not step away from his 2024 bid, but his party might not share that same zeal.

At least 16 House Democrats and one Democratic senator have called on Biden to quit following his poor debate performance.

Others, like former House Speaker Nancy Pelosi, haven't explicitly called for Biden's removal but held back from endorsing him as the party's candidate.

"It's up to the president to decide if he is going to run. We're all encouraging him to make that decision. Because time is running short," Pelosi said during an interview with MSNBC's "Morning Joe" on Wednesday.

Representatives for Biden didn't immediately respond to a request for comment from BI sent outside regular business hours.

• Older generations are set to pass on trillions of dollars. Much of that money will go to spouses.
• A new UBS report said spouses, largely women, could inherit $9 trillion.
• Some of this money could go toward women's causes. But not all women can inherit from their husbands.

There's a huge wave of money and other assets set to change hands — and a good chunk of it will go to spouses, especially women.

Dubbed the "Great Horizontal Wealth Transfer" by UBS in the bank's 2024 Global Wealth Report released this week, the term describes asset transfers within the same generation.

Out of the $83 trillion to be inherited in the next 25 years, UBS estimated $9 trillion will go to women of the same generation.

"We'll see spouses inheriting wealth, rather than it going straight down to [their] children," said Paul Donovan, chief economist of UBS Global Wealth Management, at a media event on Wednesday.

That kind of transfer could have substantial implications for the next generation. For starters, a notable portion of the Great Wealth Transfer to later generations could be delayed by four years, the amount of time that UBS anticipates women will outlive their male spouses. The people passing down wealth are, on average, 84 years old, UBS said.

When women inherit assets, even from their spouses, they may also manage it differently, Donovan said.

A March Bank of America report analyzing the differences in financial habits between genders found that women tended to make less risky investment decisions. The bank attributed this difference to women having lower retirement income from the gender wage gap and higher costs for working women, like childcare.

BofA also highlighted that women's risk appetite often varies with wealth and age. Younger women with significant household wealth, for example, are more financially confident than older wealthy women.

Philanthropic causes stand to benefit from this feminization of wealth, as women are more likely to donate a portion of their wealth to charity and sustainable investing than men. Nearly 90% of wealthy women made charitable donations in 2022, and they're much more likely than men to donate to women-focused causes according to BofA.

Globally, the Americas still hold the largest percentage of the world's transferable wealth — over 50%, per UBS's tally.

While women in the US stand to gain significantly from the next round of vertical and horizontal transfers, the same cannot be said internationally. Per BofA, more than 40 countries still restrict transferring wealth equally between genders.

• Jon Stewart is upset that the Democratic Party failed to prepare for threats like Biden appearing weak.
• "I don't know if it was complacency, or deceit, or whatever it is," Stewart said.
• He worried that Biden's perceived ill health would lead to fascism rising in the US if Trump wins.

Comedian Jon Stewart accused the Democratic Party of putting its voters between a "rock and a hard place" by failing to prepare them for any doubts about President Joe Biden's health before the 2024 election.

And he's upset, he indicated in a Thursday episode of his podcast.

"What do I do with my anger at a Democratic Party that honestly has put us in this rock and a hard place position?" he said. "That wasn't honest over this past year about what was happening internally in the White House, was not in any way preparing the public for Kamala Harris."

Stewart and his podcast guests discussed the possible outcomes of Biden losing the election due to concerns about his age and health.

Their key worry was that fascism in the US would rise if former President Donald Trump returned to the White House. Stewart is a regular critic of Trump.

"I don't know if it was complacency or deceit, or whatever it is," Stewart said. He slammed the Democratic Party as having "missed all of the threats" and leaving itself vulnerable.

Biden has been facing calls to abandon his 2024 reelection bid after a disastrous debate performance against Trump, where the president frequently mumbled and sometimes appeared lost.

Some key Democratic figures, including 16 House lawmakers, have asked that he step aside in fear that he now cannot muster the voter support to beat Trump.

If Biden were to acquiesce, Vice President Kamala Harris would be one of the most prominent potential candidates to replace him as Democratic nominee. His team has been researching whether she might fare better in polls compared to Biden, The New York Times reported on Thursday.

But Biden has appeared adamant in his decision to stay in the race, saying in an interview after the debate that only "the Lord Almighty" would compel him to step aside.

Even if he does, the Democratic Party would only have four months to gather momentum for his replacement before the November election.

Support for Biden among the Democratic Party's highest echelons is also rumored to be disintegrating. Former President Barack Obama, former House Speaker Nancy Pelosi, and Senate Majority Chuck Schumer have been reported to be doubting behind the scenes that Biden is the man for a reelection bid.

In public, however, they've stopped short of calling for Biden's withdrawal, with Schumer declaring his support for the president.

Meanwhile, Stewart has been among several major celebrities voicing concern about diminishing voter confidence in Biden. The "Daily Show" host has often fretted since the debate that the president could lose to Trump.

His comments come amid reports pushing back on the Biden campaign's description of his debate performance as a one-off. Several aides are alleged to have said that his mental stamina has seriously deteriorated in the last year.

Hollywood star George Clooney stoked the furor even further when he wrote an op-ed for The New York Times on Wednesday, saying that he had seen Biden at a fundraiser looking as shaky as he did during the debate.

Representatives for Biden's campaign and Stewart did not immediately respond to requests for comment sent outside regular business hours by Business Insider.

• Jennifer Lopez and Ben Affleck have listed their Beverly Hills mansion for $68 million.
• The couple bought the 5.2-acre property last year for $60.85 million, per listing records.
• This comes after months of rumors swirling that the couple is facing problems in their relationship.

Jennifer Lopez and Ben Affleck have put their sprawling Beverly Hills mansion on the market for $68 million.

This comes just a month after rumors started swirling that the couple has been quietly trying to sell off the place, which they bought together last year.

According to the listing on Realtor.com, the luxurious property spans 5.2 acres and is nestled within a gated community. It was recently renovated within the past four months and has 12 bedrooms and 24 bathrooms.

In addition to the main residence, there is a separate 5,000-square-foot guest penthouse, caretaker house, and two-bedroom guardhouse.

In terms of amenities, the indoor sports complex features basketball and pickleball courts, a gym, and a boxing ring. There's also a 12-car garage and sufficient parking for 80 vehicles on the compound.

The house was built in 2000 and was last sold for $60.85 million in May 2023, per listing history.

Lopez and Affleck rekindled their relationship and married in 2022, almost two decades after calling off their first engagement in 2004.

The Wall Street Journal reported last year that they bought the Beverly Hills mansion after spending a few months househunting.

In May, rumors about marriage strife started swirling when Lopez and Affleck were spotted attending events alone. Affleck showed up to Netflix's "The Roast of Tom Brady" on his own, while Lopez attended the Met Gala solo.

Santiago Arana of The Agency holds the listing. The real estate firm declined to comment.

Representatives for Lopez and Affleck did not immediately respond to a request for comment sent outside regular business hours.

• Jon Stewart said President Joe Biden's handling of calls to step aside has been almost "Trumpian."
• Stewart said Biden shouldn't be playing tough and cocky, but instead show voters how he can beat Trump.
• Biden has been facing mounting calls for him to drop out but has said that only God could compel him.

"The Daily Show" host Jon Stewart has criticized President Joe Biden's recent posture toward calls for the leader to step aside, saying the latter's defense is turning "Trumpian."

Stewart, speaking in a Thursday episode of his podcast, said Biden's camp has been avoiding productive conversation and should be more forthcoming about the leader's strategy for winning the 2024 race and addressing doubts about his health.

"Even if Joe Biden came out and said: 'Look, I understand where I'm at in my lifespan and cycle and what I do. Here's how this government works,'" Stewart said.

"Rather than coming out and becoming Trumpian and saying: 'You think someone else could hold NATO together? They could never. Only God could tell me to get out of the race,'" Stewart continued.

Stewart suggested that Biden shore up voter confidence by presenting key players in his team and a genuine plan to defeat former President Donald Trump — whom the late-night show host and his podcast guests described as the "threat" to beat.

"But we're not seeing any of that. Nothing that's been done inspires any confidence, other than the fatalism of: 'It is what it is,' and this is what we're stuck with," Stewart said.

In recent weeks, Biden has come under scrutiny after a dismal showing in his first presidential debate of 2024 against Trump. The president appeared feeble as he stumbled over his words and made multiple confusing gaffes, fueling the common Trumpworld criticism that he is too old to govern.

That debate performance, and a series of other flubs that followed, has shaken confidence in Biden among his supporters, including Democratic lawmakers.

Two more Democratic House members on Thursday called for Biden to withdraw from the 2024 race after he mistakenly introduced Ukrainian President Volodymyr Zelenskyy as "President Putin" and referred to Vice President Kamala Harris as "Vice President Trump."

As of Thursday evening, 16 House Democrats were urging Biden's withdrawal.

In response to the criticism and speculation about his health, Biden has said that only God could compel him to drop out of the race.

"If the Lord Almighty comes down and tells me that, I might do that," he told ABC News anchor George Stephanopoulos on Friday.

In the meantime, Biden's campaign sought to explain his debate failures due to a combination of a cold and jet lag from a trip two weeks prior.

But calls for Biden to step aside are mounting. Hollywood star George Clooney wrote an opinion article for The New York Times earlier this week, saying he had seen Biden perform at the same level at a fundraiser three weeks before the debate.

Meanwhile, Democratic stalwarts such as former President Barack Obama, former House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer have been reported to be questioning Biden's bid for reelection behind the scenes.

As for Stewart, the comedian has, since the debate, repeatedly aired his anxiety that Biden's perceived weakness may cost him the election dearly, leading to Trump's return to the White House.

Representatives for Biden's campaign and Stewart did not immediately respond to requests for comments sent outside regular business hours by Business Insider.

• Joe Biden said he would take a neurological test, but only if his doctors tell him he needs one.
• "But no ones suggesting that to me now," the president said at the NATO summit on Thursday.
• His assurances come as pressure mounts for him to prove his cognitive fitness before the elections.

Facing mounting calls to take a neurological exam, President Joe Biden has agreed that he would — but only if his own doctors think there's something wrong with him.

Speaking at NATO's 75th anniversary celebratory event on Thursday, he was asked whether he would be "open to taking another physical or test before the election."

He responded that he had taken "three significant and intense neurological exams," with the most recent being in February.

The president tripped over his words then, saying he had been tested by a "neuro-neurosurgeon-neurologist."

The medical professionals had determined that he was in "good shape," he added.

"Every single day, I am surrounded by good docs," he said to the crowd at the NATO summit. "If they think there's a problem, I promise you, or even if they don't think there's a problem, if they think I should have a neurological exam again, I'll do it."

"But no one's suggesting that to me now," he said.

However, three anonymous former colleagues of White House physician Kevin O'Connor, who worked in the White House's medical unit, thought otherwise.

They told The Washington Post that Biden's abysmal debate performance suggested that the president undergo cognitive screening.

Adding fuel to the fire, Biden made a series of blunders at the NATO summit, mistakenly calling Ukrainian President Volodymyr Zelenskyy Russian President Vladimir Putin before quickly correcting himself.

He also referred to "Vice President Trump" instead of Vice President Kamala Harris.

Despite his assertions that he is mentally fit to run for reelection, he faces a chorus of calls — externally and from within his own party — to check his cognitive health.

Michigan Gov. Gretchen Whitmer, who was labeled as one of the best replacements for Biden if he dropped out of the race, said she doesn't "think it would hurt" for him to take a cognitive test.

GOP figures, too, have been calling on Biden to take a cognitive test.

On Sunday, Sen. Lindsey Graham said: "All nominees for president going into the future should have neurological exams as part of an overall physical exam."

He acknowledged that even former President Donald Trump, his longtime ally, should adhere to this.

Trump himself has historically jumped on chances to undermine his opponent's mental fitness, challenging Biden to get examined before the next debate.

Speaking at a Turning Point Action convention in Detroit on June 15, Trump said: "He doesn't even know what the word 'inflation' means. I think he should take a cognitive test like I did."

The former president said he took a cognitive test in 2018 and has since bragged about it, saying he "aced" it "very hard."

However, experts have warned that making Biden take a neurological test could be a "slippery slope."

"Today, it's basic cognitive tests. Tomorrow, it's IQ tests. The next thing you know, candidates are battling each other over who is a member of Mensa," Thomas Gift, an associate professor of political science at University College London, told Business Insider.

Representatives for Biden didn't immediately respond to requests for comment sent outside regular business hours.