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FT Swamp Notes

Twice weekly newsletter on the intersection of money and power in US politics

FT's senior US columnists Rana Foroohar and Edward Luce discuss the biggest themes driving US politics, business and markets from Washington, New York and beyond.

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  • Monday, 23 February, 2026
    Global Economy
    Wall Street, Main Street and more tariff turmoil

    Supreme Court rebuke of Trump’s trade policy will be a tailwind to an economy running hot

    Premium content
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  • Friday, 20 February, 2026
    Arabian Gulf States
    We need to talk about the Gulf

    The last thing the Middle East needs is a showdown between its two wealthiest countries

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  • Monday, 16 February, 2026
    US foreign policy
    Where should Democrats go on foreign policy?

    The party is still split on the answer to this question

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  • Friday, 13 February, 2026
    Pam Bondi
    Pam Bondi vs the courts

    The US attorney-general believes there is a co-ordinated judicial attack on the authority of the executive

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  • Monday, 9 February, 2026
    US companies
    Are corporate boards missing in action?

    The fear is that companies will be punished directly or simply lose access in Washington

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  • Friday, 6 February, 2026
    The Washington Post
    Bezos’s calculated vandalism of the Washington Post

    He is just one of several pro-Trump oligarchs who now control key sections of the US media

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  • Monday, 2 February, 2026
    US economy
    Can the Midwest stop Maga?

    Republicans in Indiana stood up to Trump and business has voiced its revulsion at ICE killings in Minnesota

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  • Friday, 30 January, 2026
    Scott Bessent
    What’s up with Scott Bessent?

    The US Treasury secretary is not just a loyalist — he is Trump’s political attack dog

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  • Monday, 26 January, 2026
    Artificial intelligence
    Humans vs bots

    We are seeing how disruptive technology can be, especially in the short term

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  • Friday, 23 January, 2026
    UK foreign policy
    Britain’s golden middle power opening

    Prime Minister Keir Starmer has a chance to really ‘take back control’

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  • Monday, 19 January, 2026
    US politics & policy
    Occupied America

    The Trump administration is over-reaching in Minneapolis and creating a sense of dread and anxiety in the process

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  • Friday, 16 January, 2026
    Steve Bannon
    Why Bannon is targeting Ireland

    Trump’s former chief strategist thinks the country is ripe for a national-populist insurgency

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  • Monday, 12 January, 2026
    US-China relations
    What will China do now?

    Beijing must decide if it will conduct business as usual in the wake of the US’s ousting of Maduro in Venezuela

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  • Friday, 9 January, 2026
    US foreign policy
    The white man’s burden, Trump edition

    America’s president is repudiating the postwar world fashioned by the US

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  • Monday, 5 January, 2026
    US politics & policy
    The year ahead in US politics

    Friends of the Swamp look forward to what is likely to be a pivotal period, culminating in November’s midterm elections

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  • Friday, 19 December, 2025
    Canada
    The rest of the west is our only bet

    Canada’s Mark Carney has shown others that it pays to stand up to Trump

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  • Monday, 15 December, 2025
    US presidential election 2024
    Donald Trump’s affordability crisis

    The issue reflects deeper shifts in the US economy that probably cannot be reversed ahead of next year’s midterms

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  • Friday, 12 December, 2025
    Silicon Valley
    Big tech’s ‘elite victim complex’

    Acolytes of the broligarchs have a grip on key nodes of Washington’s power ministries

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  • Monday, 8 December, 2025
    US foreign policy
    America, the western hemisphere and the laws of war

    The new national security strategy advocates the use of force in the US’s backyard

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  • Friday, 5 December, 2025
    War in Ukraine
    Europe’s fateful moment

    The EU faces a historic choice: whether or not to unlock frozen Russian assets and save the Ukrainian war effort

    Premium content
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  • Monday, 1 December, 2025
    US foreign policy
    US foreign policy in the age of the envoy

    Trump favours ‘dealmakers’ over diplomats — what does that mean for peace in Ukraine?

    Premium content
  • Friday, 21 November, 2025
    Democratic Party US
    How will Democrats handle the Mamdani effect?

    Centrist incumbents are facing challenges from leftwing insurgents

    Premium content
  • Monday, 17 November, 2025
    Newsletter
    Epstein and immigration will unravel Trump’s coalition

    Signs of a weakening economy mean the president is likely to backtrack on H-1B visas — to the fury of the Maga base

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  • Friday, 14 November, 2025
    US politics & policy
    The meaning of the US shutdown

    Trump is choosing not to hear the electorate on the cost of living — he may come to regret that

    Premium content
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  • Monday, 10 November, 2025
    Democratic Party US
    What lessons to take from last week’s Democratic victories?

    Zohran Mamdani, for one, has a difficult job ahead of him

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