Heiress Abigail Disney has announced that she will resume her financial support for the Democratic Party following President Joe Biden’s withdrawal from the 2024 election. Disney, a member of the prominent Disney family, previously indicated that she would withhold her contributions until the party found a new candidate to lead the ticket.
In an email to CNBC on Monday, Disney confirmed, “Yes, I will resume supporting,” now that Biden has endorsed Vice President Kamala Harris as his preferred successor. Earlier in the month, she had expressed her admiration for Harris, stating that Democrats need to unify behind her leadership to ensure a successful outcome in the upcoming elections.
Disney’s previous halt on donations stemmed from dissatisfaction with Biden’s performance, particularly during debates against former President Donald Trump. She was not alone in her feelings; many elite Democratic donors mirrored her sentiments, leading to speculation that the pressure ultimately influenced Biden’s decision to step aside.
In the wake of these developments, prominent figures like George Soros and his son, Alex Soros, have also expressed their support for Harris, suggesting a shift in the party’s dynamics as they regroup for the electoral battle ahead.
This is a hopeful sign for the Democratic Party as they prepare for the election cycle, with strong figures rallying behind Kamala Harris, who has the potential to mobilize support and drive the party forward. The move indicates a readiness to embrace new leadership and adapt to the shifting political landscape, potentially reinvigorating enthusiasm among donors and voters alike.