4 hours ago
9
Eric Swalwell’s resignation from the House of Representatives is official, and the “Swalwell out as US Rep by May 31” market sits at 100% YES.
Swalwell’s resignation means traders who bet on his exit will see their prediction resolve in their favor. The May 31 market had been climbing, but with 45 days remaining, it hit certainty.
Volume in the Swalwell market is dead. No trades in the last 24 hours and zero order book activity show that traders have moved on. The odds have been locked at 100% since the resignation was announced.
With his departure confirmed, the next question is practical: California Governor Gavin Newsom must schedule a special election to fill the seat. That decision is now the real action item.
Watch for official statements from the U.S. House or Governor Newsom on the special election date. Those details will determine the timeline for filling Swalwell’s seat in California.
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