Revisiting a campaign promise this week, President Biden announced that he would have his administration review federal marijuana restrictions, potentially reclassifying it as a Schedule III substance. Currently listed as a Schedule I substance by the Drug Enforcement Agency, marijuana possession can lead to serious jail time at the federal level. 31 states have already decriminalized marijuana, with supporters touting medical benefits as well as tax incentives for states. Former Governor of Arkansas and former Administrator of the DEA, Asa Hutchinson, joins the Rundown to discuss what reclassification could mean for the legality of the drug, how it could lead to more comprehensive studies of cannabis, and the impact it would have for those charged with possession. China remains the United States' fiercest competitor. Last month, Treasury Secretary Janet Yellen and Secretary of State Antony Blinken visited Bejing to try and mend strained economic and diplomatic relations. Lawmakers have been increasingly concerned about American dependence on China for their everyday good, with senators working on a plan to bolster trade partnerships with Latin America and the Caribbean. Democratic Senator Michael Bennet (D-CO) co-sponsored the bill and joined the podcast to discuss why the U.S. fears a growing conflict with China and why trade relationships outside China will benefit the nation. Plus, commentary from FOX News Medical Contributor and Professor at New York University Langone Health, Dr. Marc Siegel. Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices