Swallwell is on the express elevator going down

What this episode covers

00:16 Well, Swalwell... I mean... Goodness. 00:26 He's on the express elevator going down and he didn't help matters with his denial wrapped around an apology to his wife and his staffers. me tell you when, when you work for a politician and you tie your future to this one guy. so Swalwell's got congressional staffers and I'm sure a lot of them are working on his campaign and they were thinking to themselves, this guy would probably be eight years as a, you know, governor. 00:56 And if I can go with him for that, can, you I'll be set. So they're livid with him and they're still working overtime, but they're working overtime to distance themselves from him. And now there's an active sexual assault investigation in New York City. 01:17 The Manhattan DA's office has opened a sex assault probe into Swalwell after explosive reports emerge accusing the congressman of assaulting a former staffer in New York City. And in a statement Saturday, Alvin Bragg's office encouraged victims to come forward. 01:37 We urge survivors and anyone with knowledge of these allegations to contact our Special Victims Division at this phone number. 01:47 More more details are coming to light. None of these are pretty. They're actually sort of sleazy. Meanwhile, his attorney is blaming everybody but him. He's blaming political machinations. Coming from ex-Swallwell attorney, says Swallow intends to continue his campaign for governor. I guess this is before he suspended it. He suspects political machinations behind the scenes in the Democrat party as the reason why so many pulled their support. 02:21 Does tanking Swalwell's career make room for Katie Porter to rise to the top? 02:29 She's toting around her own baggage and if I were her I wouldn't get too comfortable as it's highly likely that her rage fest against her ex-husband and staffers will get some more airplay because they always do. 02:46 Swalwell himself has no actual home in California and he's currently holed up at a billionaire's home. And in fact, it's looking quite clear that his finances are non-existent, save for what he earns as a candidate. 03:04 Congressman, who previously worked as a prosecutor in Alameda County, had at least $80,000 in credit card and student loan debt as of last summer, along with a home loan for a property in Washington, D.C., valued between $1 million and $5 million, according to economic disclosures he has filed. 03:25 Meanwhile, his assets included a Bank of America account with as little as $15,000 and a small public pension valued between $1,001 and $15,000. 03:40 His reported stake in AI company Findraiser has been accused of aggressively courting business in a manner that may violate house ethics laws and is valued between $250,000 and $500,000. And the technology may be a tougher sell with Swalwell under criminal investigation. 03:59 Swalwell has claimed to rent a room in Livermore to establish residency in California, but. 04:07 He could be on the hook now for legal fees to defend himself if the case moves forward. 04:14 now. 04:16 A newspaper visited the Swalwell home in Livermore last month and found an empty cottage cheese container on the lawn and none of his neighbors could have recalled seeing him. 04:28 So with money tight, his past campaigns have offered a lifeline to his family, and he has spent $244,000 in campaign funds on childcare, on childcare, through 2025. 04:43 Swalwell and his wife Brittany, whom he apologized to in his denial video Friday, have three young children. 04:51 A source familiar with the congressman's financial history told the Post that his money situation may be what's driving his refusal to heed calls for his to end his campaign and resign for congress because he has no backup. 05:06 Some are saying this is all about a financial path forward. 05:11 but he makes $174,000 a year. 05:18 But now we're getting statements from people who have known about the Swalwell sleaziness for years. 0 ...

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