WASHINGTON, D.C. — United States President Joe Biden used his farewell address to the nation on Wednesday to deliver stark warnings about an "oligarchy" of the ultra-wealthy taking root in the country and a "tech-industrial complex" that is infringing on Americans' rights and the future of democracy.

Speaking from the Oval Office as he prepares to hand over power to President-elect Donald Trump on Monday, Biden seized what is likely to be his final opportunity to address the country before he departs the White House to spotlight the accumulation of power and wealth in the US among just a few.

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