Disney heiress, other mega donors won’t finance DNC until Biden drops out
By Ray Bogan (Political Correspondent)
The Democratic Party is not the happiest place right now. Mega-donors are withholding funds in the wake of President Joe Biden’s debate performance and they’re going public with their decision.
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Left
Disney heir joins other Democrat backers to pause donations until Joe Biden steps aside
Click to see story on The GuardianDisney heiress vows to stop Democratic donations until Biden stands aside
Click to see story on The IndependentDisney heiress halts Democratic donations until Biden drops out, bets big on Kamala Harris: ‘This is realism, not…’
Click to see story on Hindustan TimesAbigail Disney Says She’s Halting Donations to Democrats ‘Unless and Until’ President Biden Drops Out: ‘The Stakes Are Far Too High’
Click to see story on VarietyMillionaire Disney heiress says she’s pulling funding to Democrats until Joe Biden exits the 2024 race
Click to see story on Business InsiderDisney heiress, wealthy Democratic donors say they won’t finance the party until Joe Biden drops out
Click to see story on NBC Bay AreaAbigail Disney Says “If Biden Does Not Step Down, the Democrats Will Lose,” Halts Party Donations
Click to see story on The Hollywood ReporterDisney Heiress Vows To Withhold Donations to Democrats Until Joe Biden Drops Out of the Race: ‘This Is Realism, Not Disrespect’
Click to see story on MediaiteDisney heiress, wealthy Democratic donors say they won’t finance the party until Biden drops out
Click to see story on CNBCDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on The HillBig Donors Tell the Democrats They Won’t Finance Party
Click to see story on Political WireDisney heiress says she will halt donations to Democrats until Biden drops out of race
Click to see story on The Times of IsraelDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on WHNT 19 NewsDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on BRPROUDDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on Fox8Disney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on WSAVDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on WNTZ FOX 48Disney heiress among top Dem donors pressuring Biden to end 2024 bid by cutting off campaign donations: ‘Realism, not disrespect’
Click to see story on New York PostDemocrat donor halts contributions until Biden proves fitness for office
Click to see story on 7NEWS AustraliaDisney heiress says halting donations to Democrats until Biden drops out
Click to see story on Al ArabiyaAbigail Disney says ‘Democrats will lose’ with Biden on ticket, pledges to stop donating until he drops out
Click to see story on Fox BusinessAbigail Disney and other Democratic donors call for a new presidential candidate
Click to see story on The BlazeDisney Heiress Halting Dem Donations Until Biden Drops Out: CNBC
Click to see story on NewsmaxDisney heiress pauses donations to Democrats until Biden drops out of presidential race
Click to see story on The Post MillennialDisney Heiress Announces Halt in Donations to Democrats Until Biden Drops Out
Click to see story on Sputnik Globe [🇷🇺-affiliated]Disney Heiress to Halt Donations to Democrats Until Joe Goes: ‘If Biden Does Not Step Down, Democrats will Lose’
Click to see story on BreitbartUntracked Bias
Disney heiress calls for Joe Biden’s withdrawal from the presidency and suspends donations to the Democrats. Who would they support.
Click to see story on AdevarulDisney heiress joins other Democratic Party supporters in suspending donations until Joe Biden retires
Click to see story on Libertatea.roDemocratic donors including Disney heiress try to checkmate Joe Biden; call for his replacement
Click to see story on The Economic TimesDemocratic millionaires, including Disney’s heiress, suspend donations until Biden retires
Click to see story on O AntagonistaDisney heir withdraws support for Joe Biden: Too much at stake
Click to see story on Kristeligt DagbladWealthy Democratic donors increase pressure on Biden to drop out of the race.
Click to see story on De TijdDisney heiress suspends donations to Democrats while Biden remains in the race
Click to see story on politika.rsDisney Heiress Pulls Donations to Dems Until Biden Steps Down
Click to see story on dailyfetched.comThose donors include Abigail Disney, a granddaughter of Disney co-founder Roy Disney, who said she intends to stop all contributions to the party until President Biden is replaced at the top of the ticket. She said Vice President Kamala Harris is a viable alternative.
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“If Biden does not step down, the Democrats will lose,” Disney said in a statement to CNBC. “Of that I am absolutely certain. The consequences for the loss will be genuinely dire.”
Disney has made six-figure donations to Democrats and progressive causes during previous election cycles.
On Wednesday, July 3, Netflix founder Reid Hastings told The New York Times Biden needs to step aside.
Moriah Fund President Gideon Stein is also withholding more than $3 million in donations.
“Joe Biden has been a very effective president, but unless he steps aside my family and I are pausing on more than $3 million in planned donations to nonprofits and political organizations aligned with the presidential race, with the exception of some down-ballot work,” Stein told CNBC.
That aligns with Endeavor CEO Ari Emanuel’s view.
“I talked to a bunch of big donors and they’re moving all their money to Congress and the Senate,” Emaneul said at the Aspen Ideas forum. “I mean, I cannot believe we’re in this situation.”
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Stein added that nearly every major donor he spoke to thinks they need to replace Biden in order to defeat Donald Trump. Others who have donated up to eight figures during this election cycle and previous ones have agreed to pausing donations.
On the Fourth of July, Biden said he isn’t going anywhere. His campaign had strong fundraising in June. Supporters gave $127 million, including $38 million in the three days after the debate.
[RAY BOGAN]
The Democratic party is not the happiest place on earth right now. Mega-donors are withholding funds in the wake of President Biden’s poor debate performance.
That includes Abigail Disney, granddaughter of Disney co-founder Roy Disney, who said she intends to stop all contributions to the party until President Biden is replaced at the top of the ticket.
She said Vice President Kamala Harris is a viable alternative.
In a statement to CNBC, Disney said: “If Biden does not step down the Democrats will lose. Of that I am absolutely certain. The consequences for the loss will be genuinely dire.”
Disney has made six figure donations to Democrats and progressive causes during previous election cycles.
On Wednesday, Netflix founder Reid Hastings told the New York Times Biden needs to step aside.
The President has also lost support of much of the media – exhibit A – the latest cover of The Economist.
Moriah Fund President Gideon Stein is also withholding more than three million dollars in donations. Stein told CNBC: “Joe Biden has been a very effective president, but unless he steps aside my family and I are pausing on more than $3 million in planned donations to nonprofits and political organizations aligned with the presidential race, with the exception of some down ballot work.”
That aligns with Endeavor CEO Ari Emanuel’s view.
Ari Emanuel:
“I talked to a bunch of bid donors and they’re moving all their money to Congress and the Senate. I mean I cannot believe we’re in this situation.”
[RAY BOGAN]
Stein added that nearly every major donor he’s spoken to thinks they need to replace Biden in order to defeat Trump. There are others who have donated six, seven, even eight figures during this election cycle and previous election cycles, who agree to pausing donations.
Biden said on the Fourth of July that he isn’t going anywhere. His campaign had strong fundraising in June. Supporters gave $127 million, including $38 million in the three days after the debate.
For more unbiased reporting on the 2024 election, download the straight arrow news app.
Media Landscape
See who else is reporting on this story and which side of the political spectrum they lean. To read other sources, click on the plus signs below. Learn more about this dataBias Distribution
Left
Disney heir joins other Democrat backers to pause donations until Joe Biden steps aside
Click to see story on The GuardianDisney heiress vows to stop Democratic donations until Biden stands aside
Click to see story on The IndependentDisney heiress halts Democratic donations until Biden drops out, bets big on Kamala Harris: ‘This is realism, not…’
Click to see story on Hindustan TimesAbigail Disney Says She’s Halting Donations to Democrats ‘Unless and Until’ President Biden Drops Out: ‘The Stakes Are Far Too High’
Click to see story on VarietyMillionaire Disney heiress says she’s pulling funding to Democrats until Joe Biden exits the 2024 race
Click to see story on Business InsiderDisney heiress, wealthy Democratic donors say they won’t finance the party until Joe Biden drops out
Click to see story on NBC Bay AreaAbigail Disney Says “If Biden Does Not Step Down, the Democrats Will Lose,” Halts Party Donations
Click to see story on The Hollywood ReporterDisney Heiress Vows To Withhold Donations to Democrats Until Joe Biden Drops Out of the Race: ‘This Is Realism, Not Disrespect’
Click to see story on MediaiteDisney heiress, wealthy Democratic donors say they won’t finance the party until Biden drops out
Click to see story on CNBCDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on The HillBig Donors Tell the Democrats They Won’t Finance Party
Click to see story on Political WireDisney heiress says she will halt donations to Democrats until Biden drops out of race
Click to see story on The Times of IsraelDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on WHNT 19 NewsDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on BRPROUDDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on Fox8Disney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on WSAVDisney heiress says she’ll stop donating to Democrats unless they replace Biden on ticket
Click to see story on WNTZ FOX 48Disney heiress among top Dem donors pressuring Biden to end 2024 bid by cutting off campaign donations: ‘Realism, not disrespect’
Click to see story on New York PostDemocrat donor halts contributions until Biden proves fitness for office
Click to see story on 7NEWS AustraliaDisney heiress says halting donations to Democrats until Biden drops out
Click to see story on Al ArabiyaAbigail Disney says ‘Democrats will lose’ with Biden on ticket, pledges to stop donating until he drops out
Click to see story on Fox BusinessAbigail Disney and other Democratic donors call for a new presidential candidate
Click to see story on The BlazeDisney Heiress Halting Dem Donations Until Biden Drops Out: CNBC
Click to see story on NewsmaxDisney heiress pauses donations to Democrats until Biden drops out of presidential race
Click to see story on The Post MillennialDisney Heiress Announces Halt in Donations to Democrats Until Biden Drops Out
Click to see story on Sputnik Globe [🇷🇺-affiliated]Disney Heiress to Halt Donations to Democrats Until Joe Goes: ‘If Biden Does Not Step Down, Democrats will Lose’
Click to see story on BreitbartUntracked Bias
Disney heiress calls for Joe Biden’s withdrawal from the presidency and suspends donations to the Democrats. Who would they support.
Click to see story on AdevarulDisney heiress joins other Democratic Party supporters in suspending donations until Joe Biden retires
Click to see story on Libertatea.roDemocratic donors including Disney heiress try to checkmate Joe Biden; call for his replacement
Click to see story on The Economic TimesDemocratic millionaires, including Disney’s heiress, suspend donations until Biden retires
Click to see story on O AntagonistaDisney heir withdraws support for Joe Biden: Too much at stake
Click to see story on Kristeligt DagbladWealthy Democratic donors increase pressure on Biden to drop out of the race.
Click to see story on De TijdDisney heiress suspends donations to Democrats while Biden remains in the race
Click to see story on politika.rsDisney Heiress Pulls Donations to Dems Until Biden Steps Down
Click to see story on dailyfetched.comStraight to your inbox.
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