Heiress Abigail Disney announced that she will resume her donations to the Democratic Party now that President Joe Biden has withdrawn from his reelection campaign and endorsed Vice President Kamala Harris for president.
Earlier this month, Disney, the granddaughter of one of The Walt Disney Company’s co-founders, stated that she would cease her contributions to the party until a new candidate replaced Biden at the top of the ticket. In an email to CNBC on Monday, she confirmed her renewed support, saying, “Yes, I will resume supporting.”
At the time of her decision to halt donations, Disney had also expressed support for Harris. She noted, “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 elite donors within the Democratic Party who expressed discontent with Biden following his poor debate performance against former President Donald Trump. Reports suggested that pressure from the donor class and a decrease in funding contributed to Biden’s decision to step aside.
Following Biden’s announcement, prominent Democratic donor George Soros and his son, Alex Soros, also voiced their support for Harris.