4 takeaways from President Biden’s Oval Office address

It’s not often that a politician takes a step back.

They are often their own biggest champions. But in rare cases, when the writing is on the wall, because of age, health — or politics, they do.

In an address to the nation from the Oval Office Wednesday night, President Biden said he will serve out his term as president, noting there are still things he wants to accomplish. But he explained that he is not seeking reelection, in part, because he wants to “pass the torch to a new...