Hello and welcome to the Bigger Hammer episode of Slate Money, your guide to the

Business and Finance News of the week. We had a mini episode on Wednesday to try and keep you caught up. We have a full episode today, but it is impossible to keep up with what's going on right now.

We're going to do our best to cover what's going on in Congress, what's going on in the world, how the coronavirus will affect the global economy, all of these questions in this episode.

I'm Felix salmon of Axios.

I wrote a newsletter this week, Axios Edge,

with a whole segment about the sort of what this means for investors in the

stock market. We don't cover that this week but we are definitely looking at that and if you

have any questions about your own investments or

anything else do please send them in on slate money at slate.com and we will do our

best to answer them. With me I have Emily Beck of Huffpost.

Hello!

Who's going to try and explain how this crisis is hitting like hourly wage earners and that kind of thing.

With me I have Anna Shimansky of breaking views.

Hello?

Anna has a whole slate plus segment about Brazil, but she is also going to have a little fight with me about what is the job of capital during a pandemic.

All of that coming up on sleet money.

Let's start with America and the bailout. We're all getting a check or we will all be getting a check in what two or three weeks perhaps from

Steve Mnuchin for like a certain amount of money. It will be up to $1,500 and then if you earn more than $150,000 a year,

it will start going down after that.

Well, it's not even gonna so the Congress has sort of gotten behind slowly this idea

of sending out checks to Americans Mitt Romney proposed,000 checks I think earlier this week.

And then on Thursday, Mitch McConnell put out his proposal for coronavirus emergency stimulus.

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