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These Democratic megadonors are pressuring Biden to drop out
These Democratic megadonors are pressuring Biden to drop out
Brent D. GriffithsJul 6, 2024, 00:41 IST
Democratic megadonors like Netflix cofounder Reed Hastings (left) and Abigail Disney are pressuring President Joe Biden to drop out.Getty Images
A growing list of wealthy Democrats are using their checkbooks to pressure Biden to drop out.
Others, such as Netflix cofounder Reed Hastings, simply no longer support Biden.
Some of the Democratic Party's biggest donors are pressuring President Joe Biden to step aside.
Some on this growing list of Hollywood titans, powerful heirs, and staunch Democratic Party supporters are pledging to cut off their support until Biden drops out.
Others are so angry about the president's standing after his disastrous debate performance that they have vowed to cut off all Democrats.
So far, only two congressional Democrats have called on Biden to drop out. The combined weight of the party's monied class could prove too much to bear.
Already, former President Donald Trump has erased Biden's cash advantage after a flood of donations spurred by Trump's felony conviction. Biden and his allies simply can't afford to lose much other ground.
Here's the list of donors who are calling for Biden to step aside
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Reed Hastings
Netflix cofounder Reed Hastings is one of the biggest names to call on Biden to step aside.Ore Huiying / Getty
Abigail Disney
Abigail Disney, an heir to a cofounder of the entertainment giant, has pledged to stop donation to all Democrats until Biden steps aside.Tasos Katopodis
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Barry Diller
Legendary Hollywood executive Barry Diller gave a short statement when asked about his support of Biden.Michael Loccisano/Getty Images for Semafor
Damon Lindelof
Damon Lindelof is calling for a "DEMbargo" until Biden steps aside.Reuters/Mario Anzuoni
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Gideon Stein
Gideon Stein (seen here in 2015) has said his family will pause $3.5 million in donations related to the presidential election until Biden drops out.Michael Kovac/Getty Images for Vanity Fair