Abigail Disney, a prominent heiress and granddaughter of Walt Disney, has decided to renew her financial support for the Democratic Party, following President Joe Biden’s announcement that he would not seek reelection. In her previous stance, Disney had expressed her intention to halt contributions until a new candidate emerged to lead the party.
In a recent email to CNBC, she confirmed her decision to resume donations now that Biden has endorsed Vice President Kamala Harris as his successor for the presidential nomination. Disney lauded Harris, stating that she is an outstanding Vice President, and lamented the differential treatment Harris has faced compared to Biden regarding their perceived shortcomings. She believes that if Democrats can unite behind Harris, they stand a strong chance of winning the upcoming election.
Disney was not alone in her concerns; many elite donors within the Democratic Party expressed dissatisfaction with Biden’s leadership, especially after a widely criticized debate performance against Donald Trump. This unrest among the donor class is suggested to have influenced Biden’s choice to withdraw from the presidential race. Notably, significant donors like George Soros and his son have also publicly supported Harris following Biden’s retreat.
This shift in the Democratic Party dynamic could signal a new chapter, potentially invigorating support for Harris and reinvigorating the party’s base ahead of the elections. With influential figures rallying around her, this may lead to a more cohesive push for Democratic candidates in the future.
In summary, Abigail Disney’s renewed support, alongside other prominent Democrats backing Kamala Harris, emerges as a pivotal moment for the party, possibly setting the stage for a successful campaign ahead.