“Abigail Disney, heir to the Disney fortune, halts Democratic donations and urges Joe Biden to withdraw from the 2024 race, endorsing Kamala Harris as a stronger contender. Growing discontent among donors signals a pivotal moment for the Democratic Party. Read more about the implications for the upcoming election.”

Abigail Disney, an heir to the Walt Disney family fortune anduntilnowa loyal Democratic donorbroke into a political fray: After President Joe Biden did poorly in last week’s debate, Disney said she would no longer contribute money to the Democratic Party unless Biden dropped out of the 2024 presidential race. It’s a strong indication of increasing concern among Democratic donors about Biden’s prospects for remaining a viable candidate.

Abigail Disney’s Blazing Statement

Speaking to CNBC, Disney expressed her frustration over the situation, doubting that Biden could win again during the upcoming elections. She was categorical in saying, “I will cease all contributions to the party if and until they replace Biden at the top of the ticket.  This is realism, not disrespect. ” Disney, segueing into a standing position, is certain that with Biden’s nomination, the Democrats stand a chance of losing the elections. “Of that, I am absolutely sure. The damages for the loss will be dearly consequential.”

The Kamala Harris Case

Disney has put forward Vice President Kamala Harris as an acceptable option to Biden, noting that she would easily knock out former President Donald Trump were he to win the Republican primary. “If Democrats would tolerate any of her perceived shortcomings even one-tenth as much as they have tolerated Biden’s … we can win this election by a lot,” Disney declared.

While Biden’s polling numbers have pretty consistently been strong among the Democratic field, Disney’s confidence in Harris’s ability to pull off a win against Trump in a general indicates that at least some of the party is looking toward new leadership for this fight.

Democratic Donors Up the Ante

Abigail Disney isn’t the only one with the criticism about Biden. Prominent Democratic donors have raised similar concerns. Attorney George Conway, who has donated $929,600 to the Biden Victory Fund, demanded that both Biden and Trump “retire” from public life. Hollywood mogul Ari Emanuel suggested that if Biden continued in the race, more donors may turn away.

Netflix CEO Reed Hastings, a major Democratic Party donor, urged Biden to drop out, too. Screenwriter Damon Lindelof demanded a “DEMbargo” and urged fellow party-goers to suspend their donations to the party until Biden quits. “When a country is not behaving how we want them to, we apply harsh economic sanctions. It’s a give and take – short term hurt for long term healing,” Lindelof wrote in a column for Deadline.

Biden Campaign Reaction

The Biden campaign has been trying to appease annoyed donors by stating categorically that President Biden is strong and in good health to serve a second term. In a recent email, Biden restated his run for a second term amidst the recent turbulent times; he was sure he could lead.

That is, Abigail Disney’s move to withhold donations to the Democratic Party until Biden steps out speaks of a new mood among donors. Her support for Kamala Harris as a strong candidate speaks to the desire for new leadership. As the Democratic Party navigates its way forward through times of internal wrangling and disquiet among its donors, the specific path to 2024 still remains elusive. The next few months are, hence, extremely crucial as the party charts its strategy and leadership in the way forward.