The Big Short Wins 2016 Academy Award for Best Adapted Screenplay

02/28/2016 AT 09:10 PM EST

From page to screen to Oscars glory, The Big Short emerged victorious on Sunday night.

Ryan Gosling and Russell Crowe presented Charles Randolph and Adam McKay with the 2016 Academy Award for Best Writing (Adapted Screenplay), amid a bit of an argument over how many Oscars the pair had between them.

In a first-time win for both himself and Randolph, director and screenwriter McKay seized the opportunity to share a political message and thanked Paramount for funding a movie about "financial esoterica."

"Most of all, if you don't want big money to control government, don't vote for candidates who take money from big banks, oil and weirdo billionaires – stop," McKay said in an allusion to the 2016 election.



Check out PEOPLE's full Academy Awards 2016 coverage and complete winners list!

The Big Short's screenplay, based on a book by Michael Lewis, competed against Brooklyn, Carol, The Martian and Room.

The 88th annual Awards, hosted by Chris Rock, are being presented live on ABC from the Dolby Theater in Hollywood, California.
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