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An interview with Brookings Senior Fellow John Hudak about his new paper, "Reversing the War on Drugs: A five-point plan," in which he lays out a series of policy actions the Biden administration could take short of full federal legalization to promote justice and equity and to help reverse some of what he calls the disastrous consequences of the War on Drugs. Also on this episode, Senior Fellow David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy, explains how the onset of the COVID-19 pandemic exposed vulnerabilities in our financial markets--especially in the "shadow banking system," such as bond mutual funds. Show notes and transcript:   Follow Brookings podcasts on Apple or Google podcasts, or on Spotify. Send feedback email to , and follow us and tweet us at  on Twitter. The Brookings Cafeteria is part of the .