Eric Swalwell wants to be governor of California, but his finances are a hot MESS.
How EMBARASSING!
- In 2013, he withdrew/cashed out his pension.
- Starting in 2016, he began accumulating substantial credit card debt, which has fluctuated between roughly $30,000 and $100,000 in recent years and remains largely unpaid.
- He has made no apparent progress in repaying student loans originally taken out in 2006.
- In 2020, despite showing limited evidence of significant assets or savings elsewhere, he purchased a home in Washington, DC for $1.2 million.
- Shortly after closing, he obtained an additional/home-equity loan on the property.
- In 2022, he refinanced the mortgage for $1.2 million. (As of early 2026, the home's estimated market value is approximately $1.25–$1.3 million, based on recent DC detached-home medians in that price tier and modest overall appreciation since 2020 in higher-end segments, though broader DC medians have shown mixed trends recently.)