Heiress Abigail Disney has announced her intention to resume donations to the Democratic Party following President Joe Biden’s decision to step aside from the 2024 presidential race. Earlier this month, Disney had pledged to halt her financial contributions until Biden was replaced on the ticket. In a recent email to CNBC, she confirmed her renewed financial support upon Biden’s endorsement of Vice President Kamala Harris as the presidential candidate.
Disney’s initial withdrawal from support came after she expressed her dissatisfaction with Biden’s performance in debates, particularly one against former President Donald Trump. She highlighted the need for the Democratic Party to rally behind Harris, emphasizing the importance of overcoming biases related to race and gender that may hinder Harris’s acceptance among party members.
Notably, Disney’s sentiments reflect the growing unease among elite Democratic donors regarding Biden’s campaign viability, especially following his struggles in the debate arena. This shift is also echoed in the support for Harris from influential figures such as George Soros and his son, Alex Soros, indicating a potential consolidation of Democratic resources and endorsements behind Harris’s candidacy.
This development marks a pivotal moment for the Democratic Party, as it seeks to unify and mobilize support for what could be a highly competitive election cycle. Disney’s return to support for the party may signal a renewed hope for strategists and party leaders, potentially enhancing the chances of a successful campaign under Harris’s leadership.
In summary, Abigail Disney has decided to restore her donations to the Democratic Party after Biden’s withdrawal, expressing support for Vice President Kamala Harris as the new candidate—signifying a potential shift in party dynamics and strategy as they prepare for the upcoming election.