Hello. Welcome to Slate Money, your guide to the business and finance news of the week. I'm Felix Salmon. I'm here with my former colleague, Emily Peck of Axios.

Hello, hello. I'm here with Elizabeth Spires, who's still got her New York Times gig.

Hello. And we have an unavoidably political slate money this week because the big beautiful

bill passed. It is now a big beautiful act we're going to talk

about what was in it what it all means we are also going to talk about the tariff situation

and what is going on with these brazy tariffs of Brazil and copper and all the rest of it

we have a whole segment on the trump accounts which is a thousand dollars going to your newborn if you're fortunate enough to have a newborn this on the Trump accounts, which is $1,000 going to your newborn.

If you're fortunate enough to have a newborn this year, it's all coming up on Slate Money.

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The five-pound meal deal from McDonald's. Get a cheeseburger or mayo chicken, medium fries,

four McNuggets, and a medium soft drink for guess what?

That's right, five pounds.

It's not called the five pound meal deal for nothing.

From 11 a.m., not available on delivery.

Carbonated soft drink upgrade fees apply.

Participating restaurants, subjects of availability.

So, Elizabeth, I'm going to start with you.

Is there a massive piece of legislation in the U.S. right now called One Big Beautiful Act,

...