Rep. Eric Swalwell has resigned from the U.S. House of Representatives following published allegations of sexual misconduct, ending a congressional tenure that had positioned him as a prominent California Democratic figure. The allegations emerged last week and quickly generated mounting pressure from within political circles for Swalwell to step down. Swalwell had been considered a leading candidate for California statewide office, making his exit a notable reshaping of the state's Democratic bench. His departure opens a congressional seat in California, triggering the process for a special election to fill the vacancy. The resignation removes a figure who had maintained a high national profile, including a brief 2020 presidential run and a seat on the House Intelligence Committee. California Democrats will now face both a succession question in his district and a recalibration of the field for any statewide races he had been expected to contest.
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.
