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Posted: 2017-10-10T23:07:27Z | Updated: 2017-10-11T01:03:42Z

Former President Barack Obama and his wife, Michelle , released a statement on Tuesday responding to the reports of alleged sexual misconduct by Hollywood producer Harvey Weinstein .

Michelle and I have been disgusted by the recent reports about Harvey Weinstein. Any man who demeans and degrades women in such fashion needs to be condemned and held accountable, regardless of wealth or status, the statement reads.

Malia Obama , the presidents eldest daughter, was an intern at The Weinstein Co. earlier this year before starting at Harvard University this fall.

The Obamas release a statement on Harvey Weinstein: pic.twitter.com/izktkIEkxC

Kevin Liptak (@Kevinliptakcnn) October 10, 2017","type":"rich","meta":{"author":"Kevin Liptak","author_url":"https://twitter.com/Kevinliptakcnn","cache_age":86400,"description":"The Obamas release a statement on Harvey Weinstein: pic.twitter.com/izktkIEkxC— Kevin Liptak (@Kevinliptakcnn) October 10, 2017\n","provider_name":"Twitter","thumbnail_height":813,"thumbnail_url":"https://pbs.twimg.com/media/DLz7ajQX4AAIk8Q.jpg:large","thumbnail_width":640,"title":"Kevin Liptak on 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The Obamas release a statement on Harvey Weinstein: pic.twitter.com/izktkIEkxC

Kevin Liptak (@Kevinliptakcnn) October 10, 2017

A frequent guest at the White Houses of Presidents Bill Clinton and Obama, Weinstein has also given and raised funds for a coterie of leading Democrats . The film executive has helped raise nearly $1.5 million for federal candidates, parties and PACs since 1990 and donated more than $100,000 to the Clinton Foundation through June 2017 .

Hillary Clinton , a beneficiary of Weinsteins fundraising, broke her own silence earlier Tuesday, saying she was shocked and appalled by the revelations.

The behavior described by women coming forward cannot be tolerated, Hillary Clinton said in a statement on Tuesday. Their courage and support of others is critical in helping to stop this kind of behavior.

At least 12 lawmakers who have benefited from Weinsteins fundraising have donated such contributions to charity following the Times story, including Sens. Patrick Leahy (D-Vt.), Cory Booker (D-N.J.) and Elizabeth Warren (D-Mass.).

Virginia Gov. Terry McAuliffe (D) said he was deeply troubled and sickened by the news in a statement . His office said it would donate the more than $57,000 Weinstein raised for his 2013 election campaign to organizations that combat sexual assault .

Terry McAuliffe on Weinstein, whom hes previously described as a friend: deeply troubled, sickened by news, actions are indefensible. pic.twitter.com/CcEMacustW

Ruby Cramer (@rubycramer) October 10, 2017","type":"rich","meta":{"author":"Ruby Cramer","author_url":"https://twitter.com/rubycramer","cache_age":86400,"description":"Terry McAuliffe on Weinstein, whom hes previously described as a friend: deeply troubled, sickened by news, actions are indefensible. pic.twitter.com/CcEMacustW— Ruby Cramer (@rubycramer) October 10, 2017\n","provider_name":"Twitter","thumbnail_height":835,"thumbnail_url":"https://pbs.twimg.com/media/DLz1LiLX0AAQUzM.jpg:large","thumbnail_width":750,"title":"Ruby Cramer on 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Terry McAuliffe on Weinstein, whom hes previously described as a friend: deeply troubled, sickened by news, actions are indefensible. pic.twitter.com/CcEMacustW

Ruby Cramer (@rubycramer) October 10, 2017

The Times Editorial Board on Friday called on Obama and Clinton to disavow him.

These Democratic leaders, admired by many young women and men, should make clear that Mr. Weinstein also deserves condemnation, the board wrote . If such powerful leaders take the money and stay mum, who will speak for women like Mr. Weinsteins accusers?

A roster of major Hollywood stars have come out against Weinstein , including George Clooney , Kate Winslet and Meryl Streep.

In a statement given to HuffPost contributor Yashar Ali, Streep said she was appalled by the allegations: The disgraceful news about Harvey Weinstein has appalled those of us whose work he championed, and those whose good and worthy causes he supported. The intrepid women who raised their voices to expose this abuse are our heroes.