Biden to Deliver Oval Office Address as U.S. Averts Default at 7PM (EST)

President Biden is scheduled to deliver a rare Oval Office address on Friday evening after congressional passage of legislation that narrowly averts the economic calamity of a first-ever default on the nation’s debt.

The president’s remarks are scheduled for 7 p.m.

Presidents often reserve the Oval Office for addresses to the nation about war, economic crises or natural disasters. President Ronald Reagan delivered somber remarks from the Oval Office about the space shuttle Challenger explosion in 1986. President Donald J. Trump announced pandemic restrictions from the Oval Office in early 2020.

This will be the first time Biden gives an address from the oval office.

https://www.nytimes.com/2023/06/02/us/politics/biden-debt.html