The Tatum Report
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"I'm NOT A Democrat ANYMORE!" Billionaire Donor LEAVES Democrat Party After Swalwell Allegations
Posted
April 14, 2026
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1:28Now Playing"I'm NOT A Democrat ANYMORE!" Billionaire Donor LEAVES Democrat Party After Swalwell Allegations - Stephen Cloobeck, a former California gubernatorial candidate, has cut ties with Eric Swalwell and the Democratic Party, declaring, “I’m a libertarian now” in a statement to the New York Post. After reportedly contributing over $1 million through a super PAC and maxing out direct donations, Cloobeck is now considering legal action to recover his funds. The political fallout raises major questions about campaign financing, party loyalty, and the future of high-profile donor support in California politics.
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