Swalwell and Gonzales resign from US House amid misconduct allegations

Eric Swalwell and Tony Gonzales have resigned from the U.S. House of Representatives. The market for Eric Swalwell out as U.S. Representative by May 31 sits at 100% YES, with both departures tied to allegations of sexual misconduct.

The Eric Swalwell market is locked at 100% YES. With 37 days until the May 31 deadline, traders see no path to reversal. The House Ethics Committee’s ongoing investigations reinforce these odds.

Volume in the Swalwell market is at $0, meaning no one is taking the other side. Zero trading activity confirms that participants treat this as settled.

For traders, a YES share at current odds offers no upside since the resolution is fully priced in. Swalwell’s resignation under ethics scrutiny closes out the market as a confirmation event, not a speculative one.

Watch California Governor Gavin Newsom for announcements on a special election, which would formally end Swalwell’s congressional tenure. Also track any House Ethics Committee statements, as the committee continues to scrutinize other members.

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