President Biden gave his farewell address on Wednesday night. In it, he warned the U.S. about its future. CBS News political contributor Joel Payne, senior White House correspondent Weijia Jiang and senior White House and political correspondent Ed O'Keefe report on and analyze the speech.

President Biden delivered his farewell address to the nation on Wednesday, five days before President-elect Donald Trump's inauguration as the 47th president of the United States. Watch Mr. Biden's fifth and final formal address from the Oval Office.

Rep. Mike Turner said the House speaker cited "concerns from Mar-a-Lago," which Mike Johnson denied.

President Biden praised the ceasefire and hostage release agreement reached between Hamas and Israel in his farewell address to the nation. Weijia Jiang reports from the White House.

Six of President-elect Donald Trump's cabinet nominees were on Capitol Hill Wednesday for their confirmation hearings. Senators heard from Trump's pick for secretary of state, Marco Rubio, attorney general, Pam Bondi, CIA director John Ratcliffe and others. CBS News political reporter Taurean Small has details from Capitol Hill.

Rep. Mike Turner said the House speaker cited "concerns from Mar-a-Lago," which Mike Johnson denied.

President Biden praised the ceasefire and hostage release agreement reached between Hamas and Israel in his farewell address to the nation. Weijia Jiang reports from the White House.

Insurance companies are canceling homeowner policies across the U.S. — even in regions that aren't considered climate hot spots.

Erroneous accusations that a wealthy couple, Stewart and Lynda Resnick, have been hoarding water amid the Southern California wildfires have been spreading widely online.

CBS News has confirmed that as the Palisades Fire started on Jan. 7, only 19 fire engines were pre-deployed to the area.