WASHINGTON -- U.S. President Joe Biden spoke directly to the American people on Wednesday night for the first time since abandoning his campaign for reelection, explaining that it was time to hand the torch to a new generation.
President says in Oval Office speech he is passing the torch to a new generation

U.S. President Joe Biden addresses the nation from the Oval Office of the White House on July 24. © Reuters
WASHINGTON -- U.S. President Joe Biden spoke directly to the American people on Wednesday night for the first time since abandoning his campaign for reelection, explaining that it was time to hand the torch to a new generation.