President Joe Biden delivered a vigorous defense of his record in an Oval Office address that bid farewell to five decades in politics.

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 used his farewell address on Wednesday night to warn of the growing threat of unchecked power wielded by the extremely wealthy, as he called for a swath of reforms to protect American democracy.

President Joe Biden bid goodbye to Americans in a farewell address in which he also warned of serious dangers that threaten democracy.

"We see the same dangers in the concentration of technology, power and wealth," Biden continued. "In his farewell address, President Eisenhower spoke of the dangers of the militar

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