Israel delays vote to approve Gaza ceasefire after officials announced a deal. President Joe Biden warns that the U.S. is developing an oligarchy in his farewell speech. Plus, how a billionaire’s role in helping recruit a coveted quarterback to Michigan parallels the political landscape.

Here’s what to know today.

Israel delays ceasefire vote; Hamas says it is committed to deal

A ceasefire deal between Israel and Hamas was announced yesterday, which would end 15 months of fighting in the…