Swamp Notes

Swamp Notes

Über

Swamp Notes is the weekly US politics podcast from The Financial Times. Every Friday, host Marc Filippino talks to reporters in Washington as well as the FT's veteran US political commentators and a cast of expert guests to explain what the latest moves in the Capitol mean for the economy, business and for people in America — and beyond. Subscribe and listen for incisive analysis, on-the-ground insights and a uniquely global perspective.


Each week, Swamp Notes answers one listener question. If you have a question about US politics and the global economy, send an email to [email protected]. If you leave us a voice memo, we may even play it on the show!


Hosted on Acast. See acast.com/privacy for more information.

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Congress’ healthcare fight carries big consequences

Congress’ healthcare fight carries big consequences

Dec 19, 2025·

Four Republican members of the US House of Representatives broke ranks and supported Democrats this week to force a vote on healthcare spending. The FT’s US national correspondent Guy Chazan and deputy Washington bureau...

The Bethlehem Project: Being young in Trump’s America

The Bethlehem Project: Being young in Trump’s America

Dec 16, 2025·

High school is a time of massive change in any teenager’s life. But students today are going through this transition period at a time when the US is more polarized, there's a lot of economic anxiety and teens are far...

US uses private data to track immigrants

US uses private data to track immigrants

Dec 12, 2025·

A new FT investigation maps out the web of data brokers, private companies and government agencies that federal agents are using to help with their mass deportations. The FT’s Peter Andringa and Stefania Palma explain...

Trump’s plan to give babies money

Trump’s plan to give babies money

Dec 5, 2025·

When Congress passed Trump’s tax and spending bill this year, it included a provision that would create investment accounts for recently born children. Now, at least two billionaires want to chip in to the programme as...

Is the US economy really K-shaped?

Is the US economy really K-shaped?

Nov 28, 2025·

Imagine a graph with one line going up over time. Below it, another line does just the opposite. It kind of looks like the letter K. The FT’s Claire Jones and Rob Armstrong break down why people are saying that letter...

Trump changes tack on the Epstein files

Trump changes tack on the Epstein files

Nov 21, 2025·

Congress moved quickly to pass a bill asking the Department of Justice to release documents related to the late convicted sex offender Jeffrey Epstein. It’s a move that the president was opposed to for much of the year...

Coming soon from Tech Tonic: Defying death

Coming soon from Tech Tonic: Defying death

Nov 20, 2025·

Investors are spending billions of dollars on novel ways to extend human life through inventive treatments, therapies, and even manipulating our genes. And increasingly, it seems as though anti-ageing efforts have moved...

Maga fractures over far-right interview

Maga fractures over far-right interview

Nov 14, 2025·

When Nick Fuentes, a white nationalist and Holocaust denier, appeared on a podcast with former Fox News host Tucker Carlson, it set off a firestorm in conservative circles. The FT’s Joe Miller and Edward Luce explain...

The Bethlehem Project: An immigration raid divides a community

The Bethlehem Project: An immigration raid divides a community

Nov 10, 2025·

Over the next several years, the Financial Times is diving in deep on some of the US’s biggest economic and political issues, all through the lens of one city: Bethlehem, Pennsylvania. Bethlehem is a politically divided...

Does the Democrats’ election sweep change anything?

Does the Democrats’ election sweep change anything?

Nov 7, 2025·

Democrats won the three largest races and a smattering of others on Tuesday’s off-year elections. They are the biggest electoral wins since Donald Trump took the Oval Office a year ago. The FT’s Lauren Fedor and Guy...

What Trump wants from Venezuela

What Trump wants from Venezuela

Oct 31, 2025·

The US military has killed more than 60 people in attacks on boats they say are running drugs in Latin America. Its navy has moved its most powerful warship to the Caribbean. Meanwhile, the Trump administration is...

Who’s benefiting from Trump’s presidency?

Who’s benefiting from Trump’s presidency?

Oct 24, 2025·

US President Donald Trump and his family have made at least $1bn since he was elected to serve a second term, thanks to their rapidly growing cryptocurrency empire. That’s according to an FT investigation which also...

How Stephen Miller is defining Trump’s second term

How Stephen Miller is defining Trump’s second term

Oct 17, 2025·

Stephen Miller has played a central part in shaping White House policy since Donald Trump’s first term as president. But with less opposition this time around from Congress or other figures inside the administration...

Is Donald Trump the president of peace?

Is Donald Trump the president of peace?

Oct 10, 2025·

US President Donald Trump has long campaigned for the Nobel Peace Prize, and he seemed closer to that goal earlier this week when he helped broker a ceasefire in Gaza. But the Nobel Committee had other plans. So what...

Democrats draw a line in the sand with government shutdown

Democrats draw a line in the sand with government shutdown

Oct 3, 2025·

For the first time in nearly seven years, the US Congress was unable to come to a spending agreement in time. The government shut down. Democrats want to challenge President Donald Trump and extend healthcare subsidies...

An FCC insider on Kimmel, TV and free speech

An FCC insider on Kimmel, TV and free speech

Sep 26, 2025·

Jimmy Kimmel’s late-night show is back on the air.The president of the US isn’t happy about it. He’s threatened to revoke licenses from broadcast networks that air negative programming about him. The former counselor to...

The future of corporate America under Trump

The future of corporate America under Trump

Sep 19, 2025·

On Monday, Donald Trump posted on social media that he wanted US public companies to ditch quarterly reporting. It is yet another move by his administration to hand more power to corporate executives and take power away...

How the Supreme Court can change the course of Trump’s presidency

How the Supreme Court can change the course of Trump’s presidency

Sep 12, 2025·

The US Supreme Court’s next term is just weeks away, and the decisions facing the court’s nine justices could define the future of President Donald Trump’s second administration. The FT’s Brooke Masters and Stefania...

Bonus ep: How the UK is navigating the Trump era

Bonus ep: How the UK is navigating the Trump era

Sep 9, 2025·

US President Donald Trump is coming to the UK next week. What can we expect from his visit? And where do things stand between the US and the UK? In this special bonus episode, our two FT political chat shows, Political...

Can we keep trusting US economic data?

Can we keep trusting US economic data?

Sep 5, 2025·

The Bureau of Labor Statistics released the latest round of jobs numbers this week. A former BLS commissioner, Erica Groshen, and the FT’s US economics correspondent Myles McCormick break down what’s inside that report...

Uncle Sam to become Intel’s biggest shareholder

Uncle Sam to become Intel’s biggest shareholder

Aug 29, 2025·

The Trump administration announced that it is taking a 10 per cent stake in troubled chipmaker Intel. It’s another interventionist move by the White House in less than a year since US President Donald Trump returned to...

How to rebuild global trade

How to rebuild global trade

Aug 23, 2025·

The world trade order is being remade. US President Donald Trump has led that charge with tariffs and trade deals that have upended the past 30 years of advancement towards global free trade. If that order is going...

Trump opens retirement to crypto

Trump opens retirement to crypto

Aug 16, 2025·

One of the president’s most recent executive orders paved the way for American retirement accounts to invest in cryptocurrencies and private equity. It’s a seismic change for savers and investors both. The FT’s Sujeet...

The real cost of gutting USAID

The real cost of gutting USAID

Aug 9, 2025·

Six months after the Trump administration gutted the US Agency for International Development, experts are tracking the impact of its absence. The FT’s David Pilling and the Brookings Institution’s George Ingram describe...

Gaza crisis puts Trump at a crossroads

Gaza crisis puts Trump at a crossroads

Aug 2, 2025·

On a visit to the UK this week, Trump broke from Israeli Prime Minister Benjamin Netanyahu’s stance on the war in Gaza. The FT’s Edward Luce and US foreign affairs correspondent Abigail Hauslohner unpack how the...

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