President Joe Biden used his farewell address to the nation Wednesday evening to warn of an “oligarchy” of the ultra-wealthy taking root in the country and of a “tech-industrial complex” that is infringing on Americans’ rights and the future of democracy.

In farewell address, Biden warns of an ultra-wealthy ‘oligarchy’ threatening democracy in America

President Joe Biden used his farewell address to the nation Wednesday evening to warn of an “oligarchy” of the ultra-wealthy taking root in the country and of a “tech-industrial complex” that is infringing on Americans’ rights and the future of democracy.