http://twitchy.com/brettt/2026/04/04/fox-business-editor-looks-at-questionable-charges-to-eric-swalwells-campaign-n2426793
Elizabeth MacDonald (@LizMacDonaldFOX) ~ NEWS Eric Swalwell’s new and prior financial disclosures show a mix of questionable charges to his campaign, and dubious tax and cash management strategies amid signs of a cash crunch worsened by overspending on a high-flying lifestyle. Swalwell runs a high-earning $461K two-income household, but still charged dubious expenses to his campaign, made chronic and risky delays in paying income taxes, and made precarious withdrawals from retirement accounts.
He charged more than $244,000 in childcare expenses—tuition, daycare—to his campaign from 2019 to 2025, his disclosures show and the Sacramento Bee found. That’s the highest in the House, with nearly $60,000 in 2022 alone.
Here’s the possible ethics problem. They are permitted under FEC law only if the charges are incurred in years the candidate is running for office or performing campaign duties.
But in three of those six years he was not running for office. He charged $20K in childcare costs just days after his 2024 re-election. These FEC laws are notably lax (House members rarely charge these costs to their campaigns, reportedly only 68 during that time frame).
The reporting has been out there that Swalwell has also charged luxury items to his campaign, such as stays at high-end hotels (including a well-known luxury hotel in Dubai), a $17K yacht rental, and costly airfare and travel totaling tens of thousands of dollars. He charged $360K for car and limo services paid to a campaign staffer since 2021, reports show, and he charged for thousands of dollars spent on restaurants.
Swalwell’s campaign spent nearly $90,000 on travel in just the last quarter of 2023.
His household has large student loan debt, up to $100K, $15K-50K credit card balances, and a $1M-5M mortgage.
One of the biggest red flags his financial world is out of control is he reduced or zeroed out his tax withholding on his congressional salary in some years, effectively delaying paying federal taxes and incurring penalties.
Also he and his wife pulled significant cash, more than $145,000, from retirement accounts over several years.
RJ Bub (@BubRj) ~ Where is the house on which he holds the huge mortgage?
Well, it ain't in California, which is why questions about his true residency ... and whether he can even be a Representative from California ... or the future Governor of California, for that matter ... are becoming more prevalent.
That's an excellent question. He reportedly rents a room in a house in California to establish residency.
Where ... a room in a Chi-Com-owned whorehouse in San Francisco's Chinatown? Maybe poor lil' Eric is searching hard for Fang Fang's replacement, eh?
GrilledTomatoes (@TomatoesGrilled) ~ That is someone living beyond his means, which is a red flag for potential fraud.
A Goat (@GoatIsTalking) ~ Swalwell is gambling that he gets into a political position that would allow him to pay off those debts.
Nick Campos (@DrNickCampos) ~ He’s figuring he’ll be placed in as governor and make it up from the lucrative theft which Gavin Newsom has enjoyed. Hell, Newsom probably even advised him as to how much he could steal when that time comes.
Craig L (@country_craig) ~ So, he seems perfectly qualified to manage California's budget.
LC101 (@LOUISECICCONE1) ~ Fitting, Swalwell and the state of California are wastrels, pointing to their profligate use of campaign funds and public tax dollars on luxury travel and stalled infrastructure projects.
MGTV (@DEPBKLYN) ~ Eric Swalwell is compromised and should be removed from Congress immediately.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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