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Explaining what an oligarchy is as Biden says it's 'taking shape in America'
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Explaining what an oligarchy is as Biden says it's 'taking shape in America'
02:32
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In his farewell address to the nation, President Biden issued a stark warning about an oligarchy he says is "taking shape in America." The speech sparked curiosity across the country, with Google searches for the term "oligarchy" skyrocketing. NBC News' Hallie Jackson takes a closer look at what the term means and why it's sparking concern.Jan. 17, 2025
