Sexual assault allegations against U.S. Representative Eric Swalwell have destabilized the Democratic primary field for California governor, with multiple figures calling for his withdrawal from the race. Media reports detailing the allegations prompted immediate resignation demands, injecting significant uncertainty into a contest that was already shaping up as a competitive intraparty fight. Swalwell had positioned himself as a leading Democratic contender for the 2026 gubernatorial race. The allegations now force Democratic donors, party operatives, and endorsers to reassess their commitments at an early but critical stage of the campaign cycle. How Swalwell responds, whether he contests the reports, steps back, or presses forward, will determine whether the race consolidates quickly around other candidates or enters a prolonged period of attrition. The broader field, which includes other Democrats competing for positioning in a heavily Democratic state, stands to gain or lose depending on how swiftly the situation resolves and whether the allegations attract sustained media scrutiny.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
