Biden warns of ultra-wealthy oligarchy and tech-industrial complex in farewell address

In his farewell address, President Joe Biden warned of a growing "oligarchy" of the ultra-wealthy and a "tech-industrial complex" that threatens democracy and individual rights. He highlighted concerns over the concentration of power among a few wealthy individuals. Biden called for a constitutional amendment to remove immunity for sitting presidents. This follows a Supreme Court decision that granted former President Trump significant protections from criminal liability related to his actions after the 2020 election. Reflecting on his political career, Biden emphasized the need to address these issues to protect democracy and ensure fairness for all Americans.