What is an oligarchy? More about the term Joe Biden used in his farewell address

President Joe Biden warned Americans of an "oligarchy" on the rise just five days before President-elect Donald Trump returns to the office.
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Biden warns in farewell address that an 'oligarchy' of ultrarich in US threatens future of democracy

WASHINGTON (AP) — 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 ...