U.S. Hits $40 Trillion In Debt & FBI Investigates An Ex-Congressman artwork

U.S. Hits $40 Trillion In Debt & FBI Investigates An Ex-Congressman

Morning Wire

August 21, 2026

The FBI intercepts former Congressman Eric Swalwell stepping off an airplane in San Francisco, the U.S. national debt surpasses 40 trillion dollars, and with James Fishback flopping in Florida, are the “groypers” floundering? We look at the state of play in rightwing politics.
Speakers: John Bickley, Georgia Howe, Douglas Holtz-Eakin, James Fishback, Brent Scher, Dylan Houseman

Topics: Daily News, News

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**John Bickley** (0:33)
The FBI intercepts former Congressman Eric Swalwell stepping off an airplane in San Francisco.

**Georgia Howe** (0:39)
What does this mean for the former Democrat Congressman and what did the agents confiscate?

**John Bickley** (0:43)
I'm Daily Wire executive editor John Bickley with Georgia Howe. It's Friday, August 21st. This is Morning Wire.

**Georgia Howe** (0:56)
The US national debt reaches a staggering milestone, surpassing $40 trillion, almost doubling over two presidential terms.

**Douglas Holtz-Eakin** (1:04)
The fiscal consequences, you know, were ignored. And since then, we have not really paid any attention.

**John Bickley** (1:11)
And with James Fishback flopping in Florida are the Groypers floundering. We look at the state of play in right-wing politics.

**James Fishback** (1:18)
The movement that we started here in Tampa in November does not end tonight. We merely pick up the pen and write the next chapter.

**Georgia Howe** (1:29)
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.

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**Georgia Howe** (2:55)
Just days after newly declassified documents shed more light on former Congressman Eric Swalwell's romantic relationship with a Chinese spy, we've now learned that the FBI searched his home in DC and seized his cell phone.

**John Bickley** (3:09)
Joining us with more is Daily Wire editor-in-chief Brent Scher here in the studio with us. Great to have you on.

**Brent Scher** (3:14)
Of course.

**John Bickley** (3:15)
So I know your team has been in touch with the administration about this particular case, and there's been a lot that's gone on with Swalwell over the last year, but we've just learned this new information. So if you could, can you walk us through what happened over the weekend?

**Brent Scher** (3:28)
Yeah, we confirmed this with the administration that over the weekend, disgraced former Congressman Eric Swalwell was stopped by FBI agents, and he had his personal phone and his laptop confiscated by the agents. He was detained for a brief amount of time.
At the same time that this was happening at the San Francisco Airport, agents were apparently executing a search warrant at Swalwell's DC home, and there they seized additional evidence. So, I mean, already a very tough year for Eric Swalwell, but it seems like his trouble is just beginning.

**Georgia Howe** (4:08)
And what do we know so far about the investigation? And do we know anything about his actual criminal exposure?

**Brent Scher** (4:13)
So, the Justice Department and FBI have yet to officially comment on the raid or the airport encounter and exactly what it was connected to. Swalwell, of course, has not been charged with any crimes yet. A source, however, told the LA Times that the warrant is connected to a civil rights investigation into those sexual assault allegations that were made against Swalwell. And authorities are reportedly considering multiple federal charges against Swalwell.

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