Heiress Abigail Disney announced she will resume her donations to the Democratic Party now that President Joe Biden has withdrawn from the presidential race.
Earlier this month, Disney, whose grandfather co-founded The Walt Disney Company, stated she would halt contributions to the party until Biden was replaced as the leading candidate. In an email to CNBC on Monday, she confirmed, “Yes, I will resume supporting,” following Biden’s endorsement of Vice President Kamala Harris for president.
When she initially decided to stop her contributions, Disney expressed her support for Harris. She remarked, “We have an excellent Vice President. If Democrats would tolerate any of her perceived shortcomings even one-tenth as much as they have tolerated Biden’s (and let’s not kid ourselves about where race and gender figure in that inequity) and if Democrats can find a way to stop quibbling and rally around her, we can win this election by a lot.”
Disney was among several influential Democratic donors who expressed dissatisfaction with Biden after his poor debate performance against former President Donald Trump. Reports suggest that pressure from major donors and a decline in funds contributed to Biden’s decision to step aside.
Following Biden’s announcement, George Soros and his son, Alex Soros, also pledged their support for Harris.