Heiress Abigail Disney has announced her intention to resume financial support for the Democratic Party following President Joe Biden’s decision to withdraw from the 2024 presidential race. Disney, who is a notable figure in the party and the granddaughter of co-founder of The Walt Disney Company, previously declared that she would halt her contributions until Biden stepped aside.
In a recent email to CNBC, she confirmed her renewed support, stating, “Yes, I will resume supporting,” now that Biden has endorsed Vice President Kamala Harris as his successor. Earlier this month, Disney had expressed her discontent with Biden’s leadership and urged party members to recognize Harris’s capabilities, suggesting that if Democrats could rally around her, they could achieve a significant victory in the upcoming election.
Disney’s comments reflect a broader sentiment among several influential Democratic donors who expressed their concerns about Biden’s performance, particularly after his challenging debate against former President Donald Trump. This discontent appears to have played a role in Biden’s decision to step back from his candidacy. Prominent donors like George Soros and his son, Alex Soros, have also expressed their support for Harris following Biden’s announcement.
This turn of events may signal a revitalization for the Democratic Party as it seeks to unify behind a new candidate. With influential supporters like Disney and Soros backing Harris, there is hope that the party can harness their resources and align its efforts to mount a strong campaign.
In summary, Abigail Disney’s decision to resume her support for the Democratic Party after Biden’s exit marks a potential turning point for the party as it prepares for the upcoming elections. The backing of key donors for Harris could strengthen the party’s chances of winning, emphasizing the importance of unity and support for female leadership within the Democratic ranks.