Eric Swalwell suspends campaign for California governor amid sexual misconduct allegations

Eric Swalwell suspends campaign for California governor amid sexual misconduct allegations


Rep. Eric Swalwell (D-CA)

Yuri Gripas | Reuters

Rep. Eric Swalwell on Sunday evening said he was suspending his campaign for California governor on the heels of sexual misconduct allegations against the Democratic lawmaker.

“To my family, staff, friends, and supporters, I am deeply sorry for mistakes in judgment I’ve made in my past,” Swalwell said in a post on X announcing his campaign’s suspension.

“I will fight the serious, false allegations that have been made — but that’s my fight, not a campaign’s,” he added.

Swalwell’s announcement came after growing calls that he drop out of the race to succeed Gov. Gavin Newsom, a fellow Democrat, and a day after the Manhattan District Attorney’s Office said it was investigating a claim that Swalwell sexually assaulted one of his accusers in New York City in April 2024.

Read more CNBC politics coverage

This is breaking news. Please refresh for updates.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source

European stocks poised for negative open as Iran war stays in focus
World

European stocks poised for negative open as Iran war stays in focus

Futures data pointed to a broadly negative open in Europe on Friday, as the U.S.-Iran war continues to weigh on investor sentiment. U.S. President Donald Trump’s hints that an end to the war is in sight, plus a ceasefire between Israel and Lebanon coming into effect, failed to bolster optimism in global equity markets. Futures […]

Read More
Uber raises stake in Delivery Hero in 8 million deal
World

Uber raises stake in Delivery Hero in $318 million deal

An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Uber on Friday agreed to purchase an additional 4.5% of shares of German food delivery firm Delivery Hero from the company’s biggest shareholder Prosus. Total gross proceeds to Prosus are approximately 270 million euros ($318 […]

Read More
Asia markets open lower as fragile Middle East ceasefire tempers sentiment
World

Asia markets open lower as fragile Middle East ceasefire tempers sentiment

Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets opened lower Friday, as cautious optimism over the Middle East conflict tempered sentiment, diverging from Wall Street’s record-setting rally. U.S. President Donald Trump on Friday said that the war in Iran “should be ending pretty soon,” reiterating rosy predictions about the end of the conflict. Hours earlier, […]

Read More
Powered by WordPress | WP Magazine by WP Mag Plus