This billionaire is the odds-on favorite to become California's governor after Swalwell dropped out
Representative Eric Swalwell dropped out of the California governor's race following allegations of sexual misconduct, which he denies.

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Representative Eric Swalwell dropped out of the California governor's race following allegations of sexual misconduct, which he denies.

Billionaire Tom Steyer has emerged as the frontrunner in California's gubernatorial race on prediction markets following Representative Eric Swalwell's withdrawal from the contest amid sexual misconduct allegations.
former billionaire governor
former billionaire governor
Media outlets across the political spectrum are providing uniformly negative coverage of Swalwell’s resignation and the suspension of his gubernatorial campaign. While center-left sources like The Daily Beast focus on the procedural pressure from the House Ethics Committee, right-leaning outlets such as Fox News and The American Spectator emphasize the "ignominy" of the scandal and the increasing number of accusers.
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