California Edition

California Governor’s Race Upended by Scandal, Billionaires and Trump

What’s next after Eric Swalwell’s downfall roiled state Democrats.

From left, Matt Mahan, Katie Porter and Tom SteyerPhotographer: Chris Graythen/Getty Images; Matei Horvath/Getty Images; Etienne Laurent/AFP/Getty Images

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By Felipe Marques

April 16, 2026 at 11:11 PM UTC

Welcome to Bloomberg’s California Edition—covering all the events shaping one of the world’s biggest economies and its global influence. This week, California reporter Eliyahu Kamisher joins us for the Eric Swalwell fallout.

If you were anywhere in the Golden State these last few days (barring, maybe, Yosemite or the desert), you probably witnessed the spectacular implosion of Eric Swalwell.