Add Yahoo as a preferred source to see more of our stories on Google. President Joe Biden warned of a looming “oligarchy” and a “dangerous concentration of power” in the hands of a few wealthy people ...

President Joe Biden warned of a looming “oligarchy” and a “dangerous concentration of power” in the hands of a few wealthy people that he said is threatening America’s democracy, in his farewell ...

President Biden delivered his farewell address on Wednesday from the Oval Office. In it, he discussed the concentration of power and wealth and how it causes distrust and division in democracy.