Analysis: President Biden offers a stark warning about an emerging oligarchy. That's a reference to his predecessor-turned-successor, Donald Trump.

The president will deliver his final remarks from the Oval Office. In the past, President Barack Obama went to his home in Chicago for his farewell speech. George W. Bush spoke from the East Room. Bill Clinton spoke from the Oval Office.

With only days left in the White House, President Joe Biden was saving a few surprises for his farewell address Wednesday evening. Instead of simply summing up his term in office, he used the opportunity to issue dire warnings about the future and call for deep changes to the country’s foundational document.

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,