There are few if any events as consequential for the future as a US presidential election. In early 2020 FSG principals created four short-term US presidential scenarios exploring a range of plausible political and policy outcomes for the next four years. These were not predictions or forecasts; rather they were alternative narratives about how events in the US (including the economy and the COVID-19 pandemic) could play out. The fundamental idea, as in all scenario planning activities, is to take every plausible future operating environment seriously, and consider all associated risks, challenges and opportunities.