U.S. President Joe Biden answers questions from the media at a briefing on the federal response to the wildfires across Los Angeles, in the Oval Office at the White House in Washington, U.S., January 10,

U.S. President Joe Biden warned on Wednesday in his farewell address that an American oligarchy is taking shape in the United States among a few wealthy people who have amassed a "dangerous concentration of power.

President Joe Biden used his farewell address to the nation 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.

Cuba on Wednesday began releasing prisoners jailed following anti-government protests in 2021, making good on a deal agreed with the Biden administration this week. Outgoing U.S. President Joe Biden on Tuesday removed Cuba from a blacklist of nations that sponsor terrorism and rolled back a raft of sanctions implemented by Donald Trump during his first presidency that have contributed to the communist-run island's worst economic crisis in decades.

President Joe Biden has notified Congress of his intent to lift the U.S. designation of Cuba as a state sponsor of terrorism, the White House announced, as part of a deal facilitated by the Catholic C