Heiress Abigail Disney has announced her decision to resume financial support to the Democratic Party after President Joe Biden’s recent withdrawal from the presidential race. Disney, whose grandfather was a co-founder of The Walt Disney Company, had previously stated she would halt contributions until Biden stepped aside.
In a message to CNBC, Disney confirmed her renewed commitment, noting that she would begin her donations again now that Biden has endorsed Vice President Kamala Harris as his successor. Earlier this month, amidst her decision to pause donations, she expressed her support for Harris, highlighting the Vice President’s qualifications.
Disney commented on the political landscape, suggesting that if Democrats embraced Harris despite any perceived shortcomings as fervently as they tolerated Biden’s challenges, they could secure a significant victory in the upcoming elections.
Abigail Disney is among several prominent Democratic donors who expressed dissatisfaction with Biden, particularly following his underwhelming performance in debates against former President Donald Trump. Reports indicate that this discontent contributed to Biden’s decision to exit the race. Notably, George Soros and his son Alex Soros also expressed their endorsement for Harris after Biden’s announcement.
This development underscores a potential shift in party dynamics as prominent figures rally behind a new candidate, paving the way for fresh ideas and renewed energy in the upcoming election cycle. It serves as a reminder that political landscapes can quickly evolve, giving hope for a more inclusive representation in the Democratic Party with Harris at the helm.