What Swalwell’s exit means for Democrats in California’s governor race - The Washington Post

Rep. Eric Swalwell’s scandal-tainted exit from the California governor’s race has revitalized a crowded Democratic field while highlighting a weak bench. The proposed billionaire tax injects a new dynamic into that field: high-profile billionaires like Tom Steyer could be both political targets and financial stakeholders, affecting fundraising, messaging and voter perceptions. That added economic issue could shift how candidates position themselves and how donors engage in the closing stretch of the campaign.