Recent FBI searches of Eric Swalwell’s devices and home on August 20 mark an escalation in the federal probe into sexual misconduct allegations that prompted his April resignation from Congress and withdrawal from the California governor’s race. State-level inquiries by the Manhattan DA and Los Angeles Sheriff’s Department remain active, while declassified files on his prior ties to a suspected Chinese operative produced no charges. No indictments or formal charging decisions have surfaced in the sexual assault, mortgage referral, or related matters. The five-week window to September 30 leaves limited time for evidence review, witness interviews, and prosecutorial review in complex cases, supporting trader consensus that federal or state authorities are unlikely to file charges before the deadline.