Federal agents recently executed search warrants on former Rep. Eric Swalwell, seizing electronic devices at San Francisco airport and searching his Washington home in connection with ongoing sexual misconduct allegations. Swalwell resigned from Congress in April 2026 amid these claims, which also prompted separate inquiries by the Manhattan District Attorney’s Office and Los Angeles County authorities. He has not been charged federally or locally. These developments escalated an active DOJ/FBI probe but occurred only days before the current market snapshot. Federal charging decisions following device seizures and home searches typically require extended evidence review, forensic analysis, and internal deliberations. With roughly five weeks remaining until September 30, the compressed timeline makes formal charges improbable absent unusually rapid developments. Trader consensus on a high probability of “no” aligns with historical patterns in comparable cases involving congressional figures and sexual assault investigations.