logo
episode-header-image
Nov 2024
20m 5s

Swamp Notes: Trumponomics 2.0

Financial Times
About this episode

The Republicans swept to power in Tuesday’s election, winning the White House, the Senate, and probably the House of Representatives. Voter dissatisfaction with the economy played a big part in their success. The FT’s Washington bureau chief James Politi and global business columnist Rana Foroohar join this election week episode of Swamp Notes to explain why Democrats failed to deliver a convincing economic message, and what Donald Trump’s disruptive agenda could mean for the US economy. 


Mentioned in this podcast:

Wall Street rejoices as the bell tolls for Biden-era regulation

Economists warn Trump’s policies will trigger inflation

Bitcoin hits record above $75,000 as crypto industry celebrates Trump win

Sign up for the FT’s Swamp Notes newsletter here


Swamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson.



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

Up next
Today
Quantitative easing is under the microscope
Donald Trump has said Israel and Hamas have agreed the first step in his plan for a Gaza ceasefire, and Washington wants its companies exempt from EU climate rules. Plus, Chinese customs agents are going after a wide range of US semiconductor tech, and central bankers around the ... Show More
10m 46s
Yesterday
Carmakers are falling back in love with petrol
A UBS fund has 30 per cent of its portfolio tied to the failed First Brands Group, and carmakers across much of the world are scaling back on electric vehicle plans. Plus, international investors are returning to China’s start-up scene, in addition to assets across emerging marke ... Show More
11m 25s
Oct 7
OpenAI’s circular deals
EU governments have agreed to limit the travel of Russian diplomats, analysts are worried about a flurry of circular AI deals, and France lost another prime minister after less than a month in office. Plus, why the weaker dollar is helping big US exporters, while domestic-focused ... Show More
10m 53s
Recommended Episodes
Apr 2025
Trump's Triumphant Stock Market Surge & the Battle for Texas Water
Oval Office Visit Senator Ted Cruz's Visit: Senator Cruz spent about two hours with President Trump in the Oval Office, discussing various topics and receiving a challenge coin from the President. Stock Market Surge Tariffs and Stock Market Impact: President Trump paused tariffs ... Show More
36m 2s
Aug 8
Trump Goes Bananas
Reeling from the Epstein crisis, Donald Trump turns even more erratic and destructive—launching a grand jury investigation into the make-believe crimes of Barack Obama and Hillary Clinton, threatening to seize control of the D.C. police, and sharing some eugenicist theories about ... Show More
1h 25m
Apr 2025
Trump's First 100 Days: Project 2025 & Its Influence
The Heritage Foundation's "blueprint" for a new Republican administration got a lot of attention during the 2024 presidential campaign. While candidate Donald Trump said he "had never read" the document, President Trump has incorporated many of its policies, and authors, into his ... Show More
15m 3s
Sep 27
'Breathtakingly corrupt, and mind-blowingly stupid': Trump DOJ on shaky ground with Comey indictment
George Conway, president of the Society for the Rule of Law, and Liz Oyer, former Department of Justice pardon attorney, talk with Jen Psaki about the myriad flaws and shortfalls in the Trump Justice Department's case against former FBI director James Comey.New files turned over ... Show More
40m 23s
Apr 2025
Trump Lashes Out at Powell. But Can the President Fire the Fed Chair?
P.M. Edition for April 17. In a post on social media and in comments from the Oval Office, President Trump expressed his displeasure with Fed Chair Jerome Powell. But can Trump actually fire him? WSJ chief economics commentator Greg Ip discusses an upcoming Supreme Court decision ... Show More
13m 2s
Apr 2025
Trump's First 100 Days: Promises Made, Promises Kept
When running for office, Donald Trump promised to execute the largest deportation in American history and issue massive cuts to federal spending. In his administration's first 100 days, has he kept those promises? This episode: senior White House correspondent Tamara Keith, polit ... Show More
19m 3s
Sep 16
Trump Promises Free Speech Crackdown
In response to the murder of Charlie Kirk, Donald Trump vows retribution against his political opponents, JD Vance asks Americans to snitch on anyone criticizing Kirk's politics, and Stephen Miller pledges to "disrupt, dismantle, and destroy" left-wing organizations. Jon, Lovett, ... Show More
1h 20m
Sep 19
Federal Reserve Lowers Rates, But Less Than Trump Wants
The Federal Reserve voted this week to cut interest rates by a quarter percentage point. We discuss the factors behind the agency’s decision, as well as President Trump’s legal fight to fire Fed Governor Lisa Cook.This episode: political correspondent Ashley Lopez, financial corr ... Show More
18m 43s
Sep 9
Trump's Epstein Doodle Grosser than Expected
House Democrats get ahold of the infamous birthday letter Trump sent to Jeffrey Epstein and release it to the public. Turns out it's more disturbing than we imagined. Jon, Lovett, and Tommy react to the doodle and talk through the week's latest, including the administration renam ... Show More
1h 49m
Apr 2025
Trump 2.0: Where Is The Economy Headed?
President Trump’s deportations, tariffs, federal layoffs and funding suspensions have generated nonstop headlines and frayed confidence, yet left surprisingly little trace on the economy. Hiring, spending and inflation look a lot like they did under Joe Biden. As Trump’s first 10 ... Show More
25m 46s