WASHINGTON (Reuters) – Outgoing U.S. President Joe Biden said on Wednesday that he was concerned about a “dangerous concentration of power” among a few wealthy people in the United States.
“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,” Biden said in his farewell address from the Oval Office.
(Reporting By Steve Holland and Kanishka Singh; Editing by Sandra Maler)
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