Recent FBI searches of Eric Swalwell’s devices and residence in mid-August 2026 mark the most active phase of a federal civil rights probe tied to sexual misconduct allegations that prompted his April resignation from Congress. Those warrants, executed under 18 U.S.C. § 242 and handled by the Northern District of California, remain in the evidence-collection stage, with no indictments or arrests reported to date. Parallel state-level inquiries by the Manhattan District Attorney and Los Angeles authorities have likewise produced no charging documents. Federal charging decisions in such matters typically follow extended review of seized materials, witness interviews, and possible grand-jury proceedings, timelines that exceed the remaining window before September 30. Trader pricing at 76 percent for “No” therefore reflects the procedural gap between active investigation and formal action.