Heir to the Disney legacy, Abigail Disney, announced that she will recommence her financial support for the Democratic Party following President Joe Biden’s decision to withdraw from the 2024 presidential race.
Earlier this month, Disney expressed her intentions to halt contributions unless Biden stepped aside as the party’s candidate. In a recent communication with CNBC, she confirmed, “Yes, I will resume supporting,” now that Biden has endorsed Vice President Kamala Harris for the presidency.
At the time she announced her pause in donations, Disney had already shown support for Harris, praising her capabilities. 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—if Democrats can find a way to stop quibbling and rally around her, we can win this election by a lot.”
Disney was among numerous prominent Democratic donors who expressed discontent with Biden after what they viewed as a poor debate performance against former President Donald Trump. Reports suggest that mounting pressure from influential donors contributed to Biden’s withdrawal from the race.
In line with Disney’s support, George Soros and his son, Alex Soros, also endorsed Harris following the announcement of Biden stepping aside for the election.