INVESTIGATION I: THE FINDRAISER SCHEME
He Started an AI Company — Then His Allies Started Paying It
Swalwell co-founded FindRaiser LLC in 2024 — described as his "brain child." His top aide runs it. His campaigns pay it. Sixteen congressional colleagues followed. No conflict disclosed.
KEY FACTS:
Swalwell and his Chief of Staff Yardena Wolf co-founded FindRaiser LLC in March 2025 — a private AI fundraising company. Wolf simultaneously served as his taxpayer-funded Chief of Staff while also the CEO of FindRaiser. Swalwell disclosed a personal stake of $250,001–$500,000 in the company.
His own campaigns paid FindRaiser thousands. Swalwell for Congress made seven payments of $828.75 each in 2025. His governor campaign paid an additional $975. He personally profits from his own campaign spending.
Sixteen members of Congress paid FindRaiser over $50,000 in 2025 — including Rep. Jimmy Gomez, who endorsed Swalwell for governor, and Rep. Ruben Gallego, who co-chaired his presidential campaign.
In an October 2025 interview, Wolf confirmed FindRaiser was Swalwell's "brain child" and that it was beta-tested through "their network" — meaning his official, taxpayer-funded congressional colleagues were converted to private revenue.
the takeaway:
A congressman built a private company with his taxpayer-funded Chief of Staff, beta-tested it through his official network, sold it to his political allies, and cut campaign checks back to his own customers. Every transaction is in the public record.
Sources:- CA Secretary of State, FindRaiser LLC Statement of Information, filed 03/10/2024- House Financial Disclosure 2024, filed 08/13/2025- FEC disbursements, Swalwell for Congress → FindRaiser, 2025- FEC disbursements, Swalwell for Governor → FindRaiser, 2025- FEC disbursements, 16 congressional clients, 2025- The Great Battlefield interview, October 20, 2025