Joe Biden lashed out at Elon Musk and technology bosses last night as he made his final speech before leaving the White House. Biden, 82, warned that an "oligarchy" and "tech industrial complex" was on the rise - adding that "Americans are being buried under an avalanche of misinformation and disinformation".

Biden warned of the "dangerous concentration of power" among the wealthy in a speech that also took shots at Trump

President Joe Biden asserted that America is becoming an "oligarchy" while warning the country in his televised farewell address on Wednesday of a "dangerous concentration of power" by the wealthy.

President Joe Biden warned ‘oligarchy is taking shape in America’ during his final address from the Oval Office

Musk, who spent roughly half a billion of his own funds to help secure Trump’s 2024 election win over Vice President Kamala Harris, is set to play an outsized role in the 47th president’s incoming administration to the point of being reportedly given a coveted office inside the Eisenhower Executive Office Building just steps from the White House.

Borrowing from Dwight Eisenhower, he warned of an ascendant “tech-industrial complex,” and that “an oligarchy is taking shape in America of extreme wealth, power, and influence that really threatens our entire democracy,

Plus, Trump’s Cabinet picks make quick work of their confirmation hearings and TikTok teeters on the brink in this week’s 3-Minute Read from Jen Psaki.

Numerous people in the White House who are really very close to US President Joe Biden pretty recently revealed a shocking fact that they feel Joe Biden legitimately missed a very big opportunity by not making Tesla CEO Elon Musk as his friend.

Unlike past incoming presidents, Trump knows how to get his agenda done because he already had one term sitting in the Oval Office.