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Swamp Notes

Financial Times
Swamp Notes
Latest episode

55 episodes

  • Swamp Notes

    How markets may be affecting US military action in Iran

    27/03/2026 | 20 mins.
    It’s hard to square US President Donald Trump’s circle. Earlier this week, he said his administration was speaking with Iranian officials. Stocks shot up, oil crashed. Then, Iran denied that talks were ongoing and the US ordered more troops to the Gulf. The FT’s foreign affairs correspondent Abigail Hauslohner and markets columnist Katie Martin explain the role markets play in why Trump’s messaging doesn’t align with his actions.

    Mentioned in this podcast:
    Iran’s military leaders dismiss Donald Trump’s deal claims
    Markets were not made for Trump’s never-ending ping-pong
    Sign up for the FT’s Swamp Notes newsletter here

    Swamp Notes is hosted by Marc Filippino and produced by Henry Larson. This week’s show was mixed by Kent Militzer. Our executive producer is Topher Forhecz and the FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.

    The FT does not use generative AI to voice its podcasts.

    CREDIT: NBC News, CBS News

    Read a transcript of this episode on FT.com
    Hosted on Acast. See acast.com/privacy for more information.
  • Swamp Notes

    The AI revolt in Maga-land

    20/03/2026 | 18 mins.
    When it comes to data centres, the Trump administration has been urging AI companies to “build, baby, build”. But the White House’s agenda is facing resistance from an unlikely place: the very states that won Donald Trump the presidency.

    The FT’s Joe Miller went on a road trip to Missouri to talk to some AI sceptics.

    Mentioned in this podcast:
    Donald Trump’s AI push fuels revolt in Maga heartlands
    Sign up for the FT’s Swamp Notes newsletter here

    Swamp Notes is hosted by Marc Filippino, and produced by Henry Larson and Sonja Hutson. This week’s show was mixed by Sam Giovinco. Our executive producer is Topher Forhecz. Special thanks to Pierre Nicholson.

    The FT does not use generative AI to voice its podcasts.

    Read a transcript of this episode on FT.com
    Hosted on Acast. See acast.com/privacy for more information.
  • Swamp Notes

    The Bethlehem Project: The housing domino effect

    18/03/2026 | 23 mins.
    The US housing market is in a crunch. It’s more unaffordable than ever before to buy a home, and the average age for first-time buyers across the country is now 40, according to the National Association of Realtors. Not only is that making it harder for people to own property, it’s also putting pressure on the rental market.

    Host Sonja Hutson travels to Bethlehem, Pennsylvania to get a better picture of how we got here, and how residents are dealing with the high cost of shelter.

    Mentioned in this podcast:
    ‘We need that help’: US cities struggle with housing affordability crisis

    The Bethlehem Project is hosted and produced by Sonja Hutson and edited by Marc Filippino. Fact checking by Henry Larson. The show was mixed by Sam Giovinco. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s global head of audio. Special thanks to Pierre Nicholson.

    Read a transcript of this episode on FT.com
    Hosted on Acast. See acast.com/privacy for more information.
  • Swamp Notes

    Introducing Untold: Opus Dei

    16/03/2026 | 1 mins.
    Introducing Opus Dei, a new season of Untold from the Financial Times. Host Antonia Cundy uncovers the cultural and political influence of a controversial Catholic organisation in America. Opus Dei exists to help people get closer to God, but some members say they found other agendas – and unexpected harm – entangled in that spiritual mission. The first episode of Untold: Opus Dei launches March 25.

    Listen on Apple Podcasts, Spotify, Pocket Casts or wherever you get your podcasts.
    Hosted on Acast. See acast.com/privacy for more information.
  • Swamp Notes

    The economic fallout of the Iran war

    13/03/2026 | 24 mins.
    The US and Israeli war with Iran has expanded across the Gulf. Iran has effectively shuttered the Strait of Hormuz, sending the prices of oil and liquefied natural gas way up. The economic realities of the conflict could pose a problem for President Donald Trump, who was elected in part because of his promise to make life more affordable for Americans. The FT’s Myles McCormick and Sam Fleming explain what consequences the war against Iran will have for the global economy.

    Mentioned in this podcast:
    Donald Trump’s Iran war tests US voters’ patience as petrol prices rise
    Which leading economies will pay the biggest price for the Iran war?
    Sign up for the FT’s Swamp Notes newsletter here

    Swamp Notes is hosted by Marc Filippino and produced by Henry Larson. This week’s show was mixed by Sam Giovinco. Our executive producer is Topher Forhecz and the FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.

    The FT does not use generative AI to voice its podcasts.

    CREDIT: Reuters, Associated Press, CNBC, CNN

    Read a transcript of this episode on FT.com
    Hosted on Acast. See acast.com/privacy for more information.

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About Swamp Notes

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