Sky News
Biden warns of ‘dangerous concentration of power’ in farewell address
President Joe Biden has warned of a “dangerous concentration of power” among a few wealthy people in the United States in his farewell address to the nation. Without naming president-elect Donald Trump, Mr Biden said: “Today, an oligarchy is taking shape in America of extreme wealth, power and influence that really threatens our entire democracy, our basic rights and freedom and a fair shot for everyone to get ahead.” During his speech from the Oval Office in the White House, the president said there was “a dangerous concentration of power in the hands of a few ultra-wealthy people” and warned of “dangerous consequences if their abuse of power is left unchecked”.
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