Heiress Abigail Disney announced that she will restart her donations to the Democratic Party now that President Joe Biden has decided not to seek reelection.
Earlier in the month, Disney stated that she would halt her contributions to the Democratic Party until Biden was replaced at the top of the ticket. In a recent email to CNBC, she confirmed, “Yes, I will resume supporting,” following Biden’s decision to step down and endorse Vice President Kamala Harris for the presidential nomination.
When she initially declared her intention to withhold funding, Disney also 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 prominent Democratic donors who grew frustrated with Biden after his poor debate performance against former President Donald Trump. Reports indicate that pressure from wealthy donors and dwindling funds contributed to Biden’s decision to withdraw from the race.
Following Biden’s announcement, financier George Soros and his son, Alex Soros, also expressed their support for Harris.