Heiress Abigail Disney has announced that she will resume her financial support for the Democratic Party now that President Joe Biden has stepped aside from his re-election campaign and endorsed Vice President Kamala Harris as his successor.
Earlier this month, Disney had publicly stated her intent to pause contributions to the party until Biden was no longer in the race, expressing dissatisfaction with his leadership. In an email to CNBC, she confirmed her renewed commitment to supporting the party following Biden’s decision to withdraw.
Disney has been an advocate for Vice President Harris, suggesting that the party should rally behind her. 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… we can win this election by a lot.” Her comments highlighted a broader discussion around issues of race and gender within political support dynamics.
Disney’s initial decision to withhold donations emerged after Biden’s poor debate performance against former President Donald Trump, which led to unrest among several major Democratic donors. Reports indicate that this pressure contributed to Biden’s choice to step down from the presidential race. Following the announcement, notable figures such as George Soros and his son Alex Soros also publicly endorsed Harris.
As the Democratic Party shifts focus towards the upcoming election, Disney’s renewed support could invigorate campaign efforts and encourage other prominent donors to stand behind Harris. This moment represents an opportunity for unity within the party and a chance to harness new energy as they prepare for the electoral battle ahead.