Weinstein faces multiple allegations of sexual abuse and harassment from some of the biggest names in Hollywood.
Weinstein has been a major Democratic Party donor as he and his family has given more than USD 1.4 million in political contributions since the 1992 election cycle.
The explosive report by The New York Times last week and subsequent stories have forced congressional Democrats to give thousands of dollars in donations they received from Weinstein to charities.
In a statement on Twitter yesterday, Clinton said she was "shocked and appalled" and that "the behaviour described by women coming forward cannot be tolerated. Their courage and the support of others is critical in helping to stop this kind of behaviour.
The Obamas released a statement saying: "Any man who demeans and degrades women in such fashion needs to be condemned and held accountable, regardless of wealth or status. We should celebrate the courage of women who have come forward to tell these painful stories.
Neither statement, from Clinton or the Obamas, made mention of the donations.
Actresses Gwyneth Paltrow and Angelina Jolie told the Times in a report yesterday that Weinstein had sexually harassed them. Separately, three women accused Weinstein of raping them in a story published online by The New Yorker, including the Italian actress Asia Argento and a woman who was an aspiring actress in college when she caught Weinstein's eye.
The New York Times reported last week that Weinstein settled sexual harassment lawsuits with at least eight women. Weinstein was fired Sunday from the Weinstein Co.
Democrats and Clinton have been major beneficiaries of the Weinstein's family largesse, with USD 200,000 to the party's Senate campaign accounts, USD 23,200 to its House campaign arm senatorial and USD 46,350 to Hillary Clinton and to HILLPAC, a committee Clinton used to support other Democrats while senator.
The figures include contributions attributed to Weinstein, first wife Eve Chilton and current spouse Georgina Chapman, according to the nonpartisan Center for Responsive Politics.
Weinstein visited the White House during the Obama presidency and helped put on a film workshop in 2013, where then-first lady Michelle Obama described him as a "wonderful human being, a good friend and just a powerhouse.
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