Recent allegations of sexual misconduct prompted former Representative Eric Swalwell to resign from Congress in mid-April 2026 and triggered a Department of Justice investigation into potential criminal conduct, with parallel reviews opened by the Manhattan and Los Angeles district attorneys. No formal charges have been filed in the intervening weeks, and the brief window remaining until May 31 leaves limited time for prosecutors to complete review, prepare indictments, or secure approvals. Market pricing reflects these procedural realities, as traders weigh the pace of federal and local inquiries against historical patterns in similar high-profile cases where charging decisions routinely extend beyond initial investigative phases.