CNBC: Disney Heiress Abigail Disney Halts Donations to Democrats Until Biden Steps Down

Jul 5, 2024, 12:53 PM

Disney heiress Abigail Disney has announced she will halt donations to the Democratic Party until President Joe Biden steps down from the 2024 presidential race. Abigail Disney, a filmmaker and granddaughter of Roy O. Disney, co-founder of The Walt Disney Co., made this decision following Biden's recent debate performance against former President Trump. She joins other wealthy Democratic donors who are also withholding financial support until Biden is replaced as the party's nominee. In an email exchange, Abigail Disney stated that Biden's campaign and supporting committees, including the Democratic National Committee, super PACs, and nonprofit groups, will not receive any more contributions from her unless Biden is replaced at the top of the ticket. This announcement was reported by CNBC post-debate.