Eric Swalwell, who was among the first Democrats to announce his bid for the presidency in 2020, is reportedly planning to bow out of the race this afternoon, according to the Los Angeles Timesand CNN.
Swalwell is holding a press conference in California at 1 p.m PT today, so it’s not official yet, but it certainly looks like the campaign has been heading in that direction.
It really makes you think: Political campaigns are born, age, and die so fast these days. First they’re just a very thirsty rumor intended to increase your political capital, then the next thing you know, they’re shutting down after your stock increased just enough to remind you that you should probably just run to keep your House seat in 2020.
Unfortunately for almost everyone else involved, Swalwell’s spot in the Democrats’ clown car primary could immediately taken by Tom Steyer, which, I cannot believe I’m saying this, is probably a net loss for the Democrats. So long and farewell, Swal, we hardly knew ye.
Update, 4:27 p.m. ET: Swalwell is officially out of the presidential race, but said today marks “the beginning of an opportunity in Congress.”