• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

5 key takeaways of Biden’s address to the nation from the Oval Office

by July 25, 2024
written by July 25, 2024

President Biden delivered an approximately 11-minute address to the nation from the Oval Office on Wednesday. 

While sitting behind the Resolute Desk, surrounded by portraits of American presidents, Biden spoke of his decision to discontinue his re-election campaign and laid out his plan for the remainder of his term. 

The 81-year-old president, after recovering from a reported COVID-19 case last week, also spoke repeatedly about ‘defending democracy.’ 

Here are five key takeaways from the address that comes at a pivotal moment of the election cycle as Vice President Harris, with Biden’s endorsement, vies to become the Democratic nominee for president. 

The president said that when he was elected to office, he promised to ‘always level with you, to tell you the truth.’ 

That truth, Biden said, is that the ‘sacred cause of this country is larger than any one of us,’ and those dedicated to the ’cause of American democracy must unite to protect it.’ 

‘In recent weeks, it’s become clear to me that I need to unite my party in this critical endeavor. I believed my record as president, my leadership in the world, my vision for America’s future all merited a second term. But nothing, nothing can come in the way of saving our democracy,’ Biden said. ‘That includes personal ambition. So I’ve decided the best way forward is to pass the torch to a new generation. It’s the best way to unite our nation. You know, there is a time and a place for long years of experience in public life. There’s also a time and place for new voices. Fresh voices. Yes, younger voices. And that time and place is now.’ 

The president laid out his plan for the remaining six months of his first term. 

‘I’m going to call for Supreme Court reform because this is critical to our democracy, Supreme Court reform,’ Biden said, without elaborating. 

He also vowed to ‘continue to lower costs for hard-working families,’ grow the economy, defend personal freedoms and civil rights ‘from the right to vote to the right to choose.’ The president said he would continue work on the ‘cancer moonshot,’ which was part of his 2020 campaign promise to end cancer as we know it and mobilize the federal government to speed progress in cancer research.  

‘I’ll keep calling out hate and extremism. Make it clear [that] there is no place, no place in America for political violence or any violence that ever. Period,’ Biden said, while listing priorities for the rest of his term. 

Trump survived an assassination attempt on July 13 at a rally in Butler, Pennsylvania, sending a unifying shock wave throughout the Republican Party, which formally named him their nominee the following week. 

‘I’d like to thank our great Vice President, Kamala Harris. She’s experienced. She’s tough. She’s capable. She’s been an incredible partner to me and a leader for our country. Now the choice is up to you, the American people. When you make that choice, remember the words of Benjamin Franklin’s hanging on my wall here in the Oval Office, alongside the busts of Doctor King and Rosa Parks and Cesar Chavez,’ Biden said. 

The president recalled how, when Franklin emerged from the Constitutional Convention in Philadelphia, he was asked whether the country would be a monarchy or a republic. 

Franklin famously was quoted as responding, ‘a republic, if you can keep it.’ 

Biden also touted his more than 50 years of service to the nation. 

‘The great thing about America is here, kings and dictators do not rule. The people do,’ he said. Biden has previously accused Trump of wanting to be a dictator.

Biden noted the country emerged from the ‘worst pandemic in a century, the worst economic crisis since the Great Depression, [and] the worst attack on our democracy since the Civil War.’ 

‘I will keep working to ensure America remains strong, secure in the leader of the free world. I’m the first president of this century to report to the American people that the United States is not a war anywhere in the world,’ Biden said. The claim comes as the Biden administration received heavy criticism over its botched withdrawal from Afghanistan. 

During his debate against Trump last month, Biden made the stunning omission of the 13 U.S. service members killed at Abbey Gate when claiming no U.S. troops were killed while he was in office. 

Biden in his Oval Office address also vowed to ‘keep rallying a coalition of proud nations’ to prevent Russian President Vladimir Putin from taking over Ukraine, promised to make NATO ‘more powerful and more united than any time in all of our history’ and said he would support allies in the Pacific, claiming that it is no longer ‘conventional wisdom’ that China would surpass the United States. 

Regarding the Israel-Hamas conflict, Biden vowed to ‘end the war in Gaza, bring home all the hostages to bring peace and security to the Middle East.’ 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
CrowdStrike losses may be biggest test yet of cybersecurity insurance risk warning from Warren Buffett
next post
Chipotle has been on a hot streak with customers

related articles

Republicans fixated on Epstein are getting ‘duped’ by...

July 16, 2025

House Republicans float grilling Joe, Jill Biden as...

July 16, 2025

Senate marches toward passing Trump’s $9B clawback bill...

July 16, 2025

Former DC councilmember wins back seat months after...

July 16, 2025

Congress considers permanent national park fee increase for...

July 16, 2025

Japan calls axis of China, Russia, North Korea...

July 16, 2025

RFK Jr. fires 2 top aides at HHS...

July 16, 2025

Iran’s leader threatens ‘even bigger blow’ against US,...

July 16, 2025

Trump’s controversial plan to fire federal workers finds...

July 16, 2025

Senate to debate Trump’s $9B clawback bill after...

July 16, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • VFS Stock: VinFast Auto Ltd Technical Analysis

    September 3, 2024
  • Clooney, Hollywood line up behind Harris as celebrity endorsements and cash pour in

    July 23, 2024
  • Top financial officials sound alarm on ‘unconscionable’ economic impact of DOGE protest violence: letter

    March 31, 2025
  • AUDUSD and AUDNZD: New Weekly Targets and Prices

    October 14, 2024
  • USDCHF and USDJPY: The USDJPY dropped to a new low

    July 19, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,385)
  • Investing (634)
  • Stock (844)

Latest Posts

  • Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

    July 18, 2024
  • Gunman shoots dead 2 Supreme Court judges in Iran’s capital before turning gun on himself, state media says

    January 18, 2025
  • Here’s what Kash Patel’s former colleagues are saying about him

    December 6, 2024

Recent Posts

  • Gabbard says Biden admin ignored ‘highly inappropriate’ chats happening at national security agencies

    February 28, 2025
  • US inflation cools to 2.4% in March as jobless claims rise, easing market jitters

    April 11, 2025
  • ‘DOGE caucus is dead,’ House Democrat declares

    May 14, 2025

Editor’s Pick

  • Tesla stock jumps 3.4% in premarket trading as analyst sees over 45% upside

    March 3, 2025
  • His brother’s keeper: Gal Dalal pleads for help as his brother Guy suffers in Hamas captivity

    March 21, 2025
  • Second federal judge sides against Trump’s election executive order

    June 13, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock