Illustration of Abigail Disney Sparks Donor Shift as Biden Bows Out for Harris

Abigail Disney Sparks Donor Shift as Biden Bows Out for Harris

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Abigail Disney, heiress to the Disney legacy, has announced her decision to reinstate her financial support for the Democratic Party following President Joe Biden’s decision to withdraw from the 2024 presidential race and endorse Vice President Kamala Harris for president.

Earlier this month, Disney publicly declared her plan to halt donations to the party unless there was a change at the top of the ticket. In her recent communication with CNBC, she confirmed that she would now resume her contributions, expressing her confidence in Harris as a strong candidate.

Disney had previously criticized the Democratic Party for its treatment of Harris compared to Biden, pointing out what she views as inequities related to race and gender. She asserted that if party members could rally around Harris and embrace her, despite any perceived shortcomings, the Democrats could secure a significant victory in the upcoming elections.

The decision by Disney reflects a broader trend among influential Democratic donors who have expressed dissatisfaction with Biden’s leadership, particularly following his performance in debates against former President Donald Trump. Reports suggest that this discontent among the donor base contributed to Biden’s decision to step aside from the race. Notably, prominent donors such as George Soros and his son Alex Soros have also voiced their support for Harris following Biden’s exit.

This development adds to the evolving landscape of the Democratic primaries as the party seeks to unify and build momentum ahead of the elections, potentially setting the stage for a compelling campaign with Harris at the helm.

Overall, Disney’s renewed support could energize the campaign and help rally other donors, fostering a hopeful environment for those who believe in the potential for change and leadership under Harris.

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