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PODCAST

Swamp Notes

Financial Times

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

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All Episodes

50:42

Political Fix: Quizmas special

Swamp Notes ·

2025/12/26

This is an episode of Political Fix, the FT weekly podcast that takes you into the corridors of Westminster to unwrap, analyse and debate British politics with a regular panel of FT correspondents.Can you name all the Labour frontbenchers who resigned or were sacked during the past year? Why was Peter Mandelson delayed from returning to the UK after being sacked as US ambassador? And who will be crowned Political Fix’s Wonk-in-Chief? Find out as host George Parker puts the entire podcast panel -

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16:15

Congress’ healthcare fight carries big consequences

Swamp Notes ·

2025/12/19

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 chief Lauren Fedor explain the ticking clock Congress is facing down on health insurance, and what will happen to Americans if prices increase dramatically.Mentioned in this podcast:‘A full-blown crisis’: Americans brace for a surge in healthcare costsUS healthcare costs set to leap

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19:12

The Bethlehem Project: Being young in Trump’s America

Swamp Notes ·

2025/12/16

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 more plugged into social media than ever before. Host Sonja Hutson and FT data reporter Ian Hodgson went to a high school in Bethlehem to get a sense of what it's like growing up in Donald Trump's America.Mentioned in this podcast:Anxious and disillusioned: being young in Trump’s

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20:17

US uses private data to track immigrants

Swamp Notes ·

2025/12/12

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 how corporate entities have created a surveillance network that can track immigrants across the country.Mentioned in this podcast:Trump’s immigration data dragnetUS criminal immigration cases overtake drug and fraud prosecutionsEmail Marc with your questions (Marc.Filippino@FT.com)Sign

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16:53

Trump’s plan to give babies money

Swamp Notes ·

2025/12/05

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 well. The FT’s Brooke Masters and Alex Rogers detail how this plan works, and why some Republicans are going all in on a government entitlement programme.Mentioned in this podcast:Check out FT Globetrotter’s Washington D.C. travel guideMichael and Susan Dell pledge $6.25bn to help

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18:26

Is the US economy really K-shaped?

Swamp Notes ·

2025/11/28

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 represents the state of the economy and what it means for the White House.Mentioned in this podcast:Does the K-shaped economy theory even make sense?Email Marc with your questions (Marc.Filippino@FT.com)Sign up for the FT’s Swamp Notes newsletter hereSwamp Notes is hosted by Marc

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18:28

Trump changes tack on the Epstein files

Swamp Notes ·

2025/11/21

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. The FT’s Lauren Fedor and Chris Cook break down what’s changed for the White House, and what’s different about these new documents.Mentioned in this podcast:Donald Trump signs bill to release Jeffrey Epstein filesJeffrey Epstein’s network: ‘Life among the lucrative and louche’Email

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1:30

Coming soon from Tech Tonic: Defying death

Swamp Notes ·

2025/11/20

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 from the super rich to a mass market consumer industry. In this series, we’re covering the past, present and future of the longevity movement. We’ll be looking at where the fixation on longevity is coming from, and trying to understand the practical and ethical issues at the heart of

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19:55

Maga fractures over far-right interview

Swamp Notes ·

2025/11/14

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 how this faction on the far-right is gaining power and what it means for the future of the Republican party.Mentioned in this podcast:Trump’s Maga coalition fractures over far-right interviewDon’t blame the left for US antisemitismUS Department of the Treasury Final Monthly Treasury

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19:46

The Bethlehem Project: An immigration raid divides a...

Swamp Notes ·

2025/11/10

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 area in one of the most critical swing states in the country, and it encapsulates lots of different stories that American politicians are telling about the US and who it's for.We’ll be featuring some of those stories on the Swamp Notes podcast in a special series called The Bethlehem

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19:02

Does the Democrats’ election sweep change anything?

Swamp Notes ·

2025/11/07

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 Chazan discuss which races stood out, and how each party may interpret how the results will affect other races.Mentioned in this podcast:Donald Trump tries to brush off election losses as Democrats hail shift in moodThe meaning of Zohran MamdaniEmail Marc your questions here

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19:16

A former ambassador on what Trump wants from...

Swamp Notes ·

2025/10/31

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 increasing its rhetoric against Venezuelan President Nicolás Maduro. James Story, the former top US diplomat to Venezuela, and the FT’s Michael Stott, puzzle out what the Pentagon and Maduro may do next.Mentioned in this podcast:Venezuela’s creaking military prepares for US strikesDonald

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17:46

Who’s benefiting from Trump’s presidency?

Swamp Notes ·

2025/10/24

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 found that at least 30 individuals or companies that collectively donated to the president’s causes have received benefits or advantages. The FT’s Joe Miller and Alex Rogers unpack their findings.Mentioned in this podcast:How dozens of Trump’s donors have benefited from his second

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15:21

How Stephen Miller is defining Trump’s second term

Swamp Notes ·

2025/10/17

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, Miller’s hardline agenda has started to come to life. The FT’s US national correspondent Guy Chazan and US national editor Ed Luce join this week’s Swamp Notes to explore what Trump’s top policy adviser might be planning next.Mentioned in this podcast:Stephen Miller: Donald Trump’s

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16:35

Is Donald Trump the president of peace?

Swamp Notes ·

2025/10/10

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 exactly is Trump’s track record on peacemaking and what does it take to actually win the Nobel Peace Prize? Norwegian humanitarian studies professor Kristin Sandvik and the FT’s US-Middle East foreign policy correspondent Abigail Hauslohner explain.Mentioned in this podcast:How Trump

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17:36

Democrats draw a line in the sand with government...

Swamp Notes ·

2025/10/03

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. Republicans don’t want to budge. The Financial Times’ Washington bureau chief James Politi and deputy chief Lauren Fedor break down how it all went down and the position Democrats now find themselves in.Mentioned in this podcast:Donald Trump threatens permanent spending cuts as US

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18:46

An FCC insider on Kimmel, TV and free speech

Swamp Notes ·

2025/09/26

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 chairman of the Federal Communications Commission, Gigi Sohn, and the FT’s Los Angeles bureau chief Christopher Grimes unpack what’s at stake for America’s television industry.Mentioned in this podcast:Inside Disney’s decision to bring back Jimmy KimmelIs America entering a new

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19:22

The future of corporate America under Trump

Swamp Notes ·

2025/09/19

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 from investors. The FT's Wall Street editor Sujeet Indap and global business columnist Rana Foroohar break down the arguments for and against the president’s efforts, and what it’ll mean for businesses.Mentioned in this podcast:Trump’s quarterly reporting move is the wrong idea at

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18:27

How the Supreme Court can change the course of...

Swamp Notes ·

2025/09/12

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 Palma break down what makes this new era of the Supreme Court so unique and controversial.Mentioned in this podcast:US Supreme Court to decide how far Donald Trump’s power really goesWill the Supreme Court stand up to Trump?Email Marc with your questions (Marc.Filippino@FT.com)Sign up

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31:42

Bonus ep: How the UK is navigating the Trump era

Swamp Notes ·

2025/09/09

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 Fix and Swamp Notes, team up to unpack relations between the two longtime allies. Marc Filippino, host of the Swamp Notes podcast, and US managing editor Brooke Masters are joined by Political Fix’s George Parker and Lucy Fisher to discuss. This episode was recorded on September 6 in

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