Biden delivers farewell address from Oval Office as he prepares to hand over power to Trump

President Biden delivered his farewell address from the Oval Office, warning of an emerging "oligarchy" and a "tech-industrial complex" threatening democracy. He highlighted concerns about the influence of the ultra-wealthy and technology on American rights. Biden's speech marks the end of his presidency and five decades in politics. He acknowledged unfulfilled promises and reflected on his achievements, including managing the pandemic and lowering prescription drug costs. Biden's departure follows his unsuccessful reelection bid against Donald Trump, after which he endorsed Vice President Kamala Harris. He emphasized his journey from humble beginnings to the presidency in his farewell message.