"Today an oligarchy is taking shape in America that literally threatens our democracy, our basic rights, our freedoms," the president said.

After four years in the White House – and a half-century in Washington – President Joe Biden has said farewell.

Biden conveyed his deep appreciation for first lady Jill Biden, who joined him in the Oval Office. “My deepest appreciation to our amazing first lady with me in the Oval today, for our entire family, you’re the love of my life and the lives of my love,” he said. “My eternal thanks to you, the American people.”

President Joe Biden in his farewell address touched on a number of concerns about the future, including the impact of presidential immunity.

President Joe Biden will give his farewell address to the nation tonight as he enters the final days of his administration. Here's how to watch.

Joe Biden will make a final farewell address as president on Wednesday, Jan. 15 at 8 p.m. ET. Here's how to watch Biden's final remarks live online.

U.S. President Joe Biden will speak to the nation during his farewell address live today, Wednesday, Jan. 15 on major cable networks. Here, Biden answers questions from reporters as he speaks in the State Dining Room of the White House in Washington, Nov. 9, 2022. (AP Photo/Susan Walsh, File) Susan Walsh/AP

President Joe Biden has used his farewell address to the nation to warn of an “oligarchy” of the ultra-wealthy taking root in the country and of a “tech-industrial complex” that is infringing on Ameri

For the second time in a week, the outgoing president sounded the alarm on “abuse of power” and the ongoing assault on democracy.