Abigail Disney, an heir to the Disney fortune and prominent philanthropist, has announced that she will resume her financial support for the Democratic Party following President Joe Biden’s decision to withdraw from the 2024 presidential race. Disney, whose grandfather was a co-founder of The Walt Disney Company, had previously stated she would halt contributions until a new candidate was chosen to lead the party.
In a recent email to CNBC, Disney confirmed her renewed support, now that Biden has endorsed Vice President Kamala Harris as his successor. Earlier this month, Disney had publicly backed Harris and expressed confidence in her ability to rally the party, stating, “We have an excellent Vice President.” She commented on the need for the party to unite behind Harris and tackle gender and racial inequities in their support.
Disney’s criticism of Biden was part of a broader discontent among major Democratic donors, who were reportedly disillusioned by Biden’s performance, particularly in debates against former President Donald Trump. This situation contributed to pressure for Biden to step aside from the race, which he ultimately did.
Disney’s renewed commitment to the Democratic Party, along with the recent endorsements from influential figures like George Soros and his son Alex, suggests a potential shift in momentum for the party as it prepares for the upcoming election cycle. As the Democratic Party consolidates around Harris, there is a hopeful outlook for renewed unity and a strong campaign ahead.
It is encouraging to see influential figures like Disney potentially contributing to a more robust campaign structure, which could ultimately enhance voter enthusiasm and engagement in the next election.