Heiress Abigail Disney has announced her intention to resume donations to the Democratic Party following President Joe Biden’s decision not to seek reelection. Earlier this month, Disney indicated that she would halt her contributions until Biden stepped down, expressing support for Vice President Kamala Harris as a potential successor.
In an email to CNBC, Disney confirmed her return to supporting the party, stating she would back Harris as the Democratic nominee now that Biden has formally endorsed her. She praised Harris, highlighting the need for the Democratic Party to unite around her candidacy, advocating for a stronger focus on Harris’s leadership despite the challenges she faces.
Disney’s previous decision to withhold donations was motivated by Biden’s underwhelming debate performance against former President Donald Trump, a move that resonated with many donors within the party. Prominent contributors, including financier George Soros and his son Alex Soros, have also shown support for Harris following Biden’s withdrawal from the race.
This turn of events presents an opportunity for the Democratic Party to reshape its leadership dynamics as it prepares for the upcoming election. By rallying behind Harris, the party can potentially mobilize a diverse coalition of supporters that may enhance its chances of success.
As the political landscape evolves, Disney’s actions reflect a broader sentiment among Democratic donors who are hopeful for change and energized by the prospect of a new leadership direction.