Abigail Disney, heiress and philanthropist, has announced that she will resume her financial support for the Democratic Party following President Joe Biden’s decision to step back from the 2024 presidential race. Disney, a member of the Walt Disney Company’s founding family, had previously stated that she would cease contributions until there was a change at the top of the Democratic ticket.
In an email to CNBC, Disney confirmed her renewed commitment, stating she is ready to support the party now that Biden has endorsed Vice President Kamala Harris as his successor. She had also expressed positive views about Harris before, emphasizing the vice president’s capabilities and calling for the party to unite behind her candidacy.
Disney’s shift in position comes in the context of dissatisfaction among several major Democratic donors, including figures like George Soros, who also expressed support for Harris following Biden’s exit. Many of these donors had voiced their frustrations with Biden’s leadership, especially after perceived issues in his debate performance.
The developments showcase a significant turning point for Democrats as they pivot toward a new campaign landscape under Harris’s potential leadership. This could signal a revitalization of enthusiasm among party supporters and open the door for more aggressive fundraising and campaign efforts leading into the 2024 elections.
Overall, Abigail Disney’s renewed backing, alongside other elite donors, could provide a much-needed boost to Kamala Harris as she prepares for her run, and suggests a growing consensus for change within the Democratic Party. This unity may prove essential as they aim to regain momentum in the face of political challenges.