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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, 8 July, 2024
    US economy
    Migration, inflation and vacation Premium content

    The idea that mass tourism is creating knock-on effects like price rises is causing tension in the countries most-visited

    A tourist takes a photo as the Acropolis’ Propylaea are seen in the background, in Athens, Greece
  • Monday, 1 July, 2024
    US presidential election 2024
    Who should be on the Democratic ticket? Premium content

    Stepping down would be the patriotic thing for Biden to do

  • Friday, 28 June, 2024
    US trade
    America’s no-good Tai-Lighthizer consensus Premium content

    Bipartisanship is not a good thing in itself. We should not mistake process for substance

  • Monday, 24 June, 2024
    Newsletter
    What happened to the peace dividend? Premium content

    Its lesson shouldn’t have been to outsource your entire industrial base

    A worker welding steel at a shipyard in Nantong in China’s eastern Jiangsu province
  • Saturday, 22 June, 2024
    15 min listen
    Swamp Notes: Biden’s climate agenda runs out of steam

    The Biden administration has passed massive climate legislation. Lots of voters haven’t heard.

  • Friday, 21 June, 2024
    Media
    The story we’re missing on the Washington Post Premium content

    The paper’s owner is losing his appetite for red ink

    Washington Post owner Jeff Bezos
  • Monday, 17 June, 2024
    US presidential election 2024
    Why is business so sanguine about Trump? Premium content

    We would likely get a harder edged, more insular, xenophobic and paranoid version in the White House second time around

    Donald Trump
  • Friday, 14 June, 2024
    Newsletter
    A day in the life of the US ambassador to China Premium content

    ‘We are locked into a battle of ideas with Beijing — our democratic values versus their authoritarian mindset,’ says Nicholas Burns

    US Ambassador to China Nicholas Burns
  • Monday, 10 June, 2024
    US society
    Bring back patriotism Premium content

    The concept seems to have become bifurcated

    A man holds an American flag during the 157th Brooklyn Memorial Day Parade in New York City
  • Friday, 7 June, 2024
    Indian politics & policy
    As goes India, so goes . . .? Premium content

    If there are any Indian auguries for America’s November 5 election, they might even be negative

  • Monday, 3 June, 2024
    US politics & policy
    Trump’s conviction and the end of American exceptionalism Premium content

    Does anyone now look to a political system that tolerates a convicted felon as a model?

    Former President Donald Trump sits in the courtroom for his trial
  • Friday, 31 May, 2024
    UK politics
    Fourteen years of British self-harm Premium content

    It is not as if the likely incoming Labour government will be able to reverse the bulk of the damage wrought

    Rishi Sunak
  • Friday, 24 May, 2024
    Newsletter
    What Google’s antitrust cases mean for democracy Premium content

    If the Big Tech company is found to be breaking the law, it could change corporate behaviour in a profound way

    Ian Madrigal, dressed as the Monopoly Man, stands next to the vehicle transporting Kent Walker, president of global affairs at Google and Alphabet, as the he departed federal court in September
  • Monday, 20 May, 2024
    Global trade
    Why the world should learn to love Biden’s tariffs Premium content

    The benefits will go far beyond American shores

    Employees work on a production line at a Chinese workshop for Celxpert Energy Corporation, which makes lithium batteries
  • Friday, 17 May, 2024
    US politics & policy
    Trump’s real plans for the deep state Premium content

    We ought to be paying more attention to the former president’s plan to reimpose Schedule F

    Republican congressman Matt Gaetz stands at Manhattan criminal court as former president Donald Trump speaks to members of the media next to his attorney Todd Blanche
  • Monday, 13 May, 2024
    Israel-Hamas war
    How Israel lost the American left Premium content

    Netanyahu blames antisemitism for campus protests. But has he forgotten his own embrace of Trumpism?

    A Israeli Likud Party election banner  shows Israeli Prime Minister Benjamin Netanyahu shaking hands with US President Donald Trump
  • Friday, 10 May, 2024
    US politics & policy
    Trump’s PT Barnum veepstakes Premium content

    His final pick will have to say they believe 2020 election was stolen, and refuse to admit that the former president could lose in November

    Donald Trump delivered remarks during his New Hampshire primary night rally, joined by Marjorie Taylor Greene, Vivek Ramaswamy, and Tim Scott
  • Monday, 6 May, 2024
    Technology sector
    Is AI about to kill what’s left of journalism? Premium content

    I’m sceptical that artificial intelligence will benefit anyone aside from Big Tech in the short term

  • Friday, 3 May, 2024
    Global Economy
    Trump’s dot plot for the Fed Premium content

    The former president nominated Jay Powell, and to him there are few things worse than having loyalty betrayed

  • Monday, 29 April, 2024
    US economy
    America’s crisis of loneliness Premium content

    Frustration over the pace of technological change and our ability to control it is leading to an emotional hollowing out

    A man stretches during his morning workout in front of the Brooklyn Bridge
  • Friday, 26 April, 2024
    Newsletter
    India’s Jekyll and Hyde journey Premium content

    Life is certainly harder for the Muslim and secular populations under Modi, but he has also overseen exceptional growth

    Narendra Modi, India’s prime minister during a campaign rally in Agra, Uttar Pradesh
  • Monday, 22 April, 2024
    US politics & policy
    Power, productivity and how our system works Premium content

    What if the productivity gap is really about how large corporations use their economic and political power?

    President Joe Biden tours the building site for a new computer chip plant for Taiwan Semiconductor Manufacturing Company in Phoenix
  • Friday, 19 April, 2024
    Artificial intelligence
    Tyler Cowen: Why we will learn to love AI Premium content

    The American economist who once said the age of rapid innovation was over has a striking prognosis about AI

    The OpenAI logo is displayed on a cell phone with an image on a computer monitor generated by ChatGPT’s Dall-E text-to-image model
  • Monday, 15 April, 2024
    US politics & policy
    Will abortion be Trump’s downfall? Premium content

    Suburban women in swing states believe the former president’s policies are too restrictive

    A girl sits on her father’s shoulders in front of a banner that reads ‘trust women’, while vice-president Kamala Harris speaks following the ruling from Arizona’s supreme court on April 9, 2024 upholding a 160-year-old abortion ban, at an event in Tucson, Arizona
  • Friday, 12 April, 2024
    Global Economy
    Could inflation sink Biden? Premium content

    US growth does not matter much to voters if interest rates remain elevated

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