But we need to create a permanent federal institution that would be charged with the task of

devising and implementing and financing a coherent strategy of sort of economic restructuring,

making sure that our U.S. economy is structured in a way that actually has a future.

And that we actually worked toward making our economy more resilient in the face of

the pandemic, the climate change, the whatever kind of shocks we experience, that we have

resources that we can mobilize and reapportion in the way we need it.

Hello and welcome to Wise is Happening with me, your host Chris Hayes.

Coming to you today, as always, every week from the quarantine closet where we produce

Wise is Happening at this point with the assistance of Kate Shaw.

I have to credit as a producer who's also anchor producing me on the show and helping

with the podcast as well.

That would be my wife and also a co-host of the Strix Root New Podcast, which you should

check out.

And of course, Tiffany Champion, remotely managing all of this.

We are, we've been doing, you know, sort of coronavirus-related podcast conversations, but

not sort of squarely repeating the same stuff we're doing on the show.

And today's another example of that.

And that I've been very curious about how we should be thinking about the relationship

between financial regulation, the Federal Reserve, the Federal Government, and businesses

amidst this period of insane economic distress and also completely unprecedented measures

to kind of keep the economy rescued.

And one of the problems that comes up to me here is sort of there's two issues.

...