Recent FBI search warrants executed on August 20, 2026, seizing Swalwell’s electronic devices at San Francisco airport and raiding his Washington residence, mark the most immediate development in the federal probe tied to sexual misconduct allegations. These actions, part of an inquiry examining potential civil rights violations under 18 U.S.C. § 242 alongside state-level reviews by the Manhattan District Attorney and Los Angeles Sheriff’s Department, follow allegations that surfaced in April and prompted Swalwell’s congressional resignation and withdrawal from the California gubernatorial race. No charges have been filed to date despite several months of parallel investigations, and the timing of recent evidence collection leaves limited runway before September 30. Trader consensus favoring “No” reflects the typical duration required for charging decisions in complex cases involving multiple jurisdictions, grand jury processes, and evidentiary review, with no public signals of an accelerated timeline.