President Joe Biden celebrates a “crisis averted” in his inaugural speech to the nation from the Oval Office. He's ready to sign on Saturday an agreement that suspends the nation's debt ceiling and eliminates the chance of a government default.

U.S. presidents have generally reserved an address from the White House's Oval Office for the most significant, and dramatic of events: the attacks of Sept. 11, 2001, for example, or the Challenger space shuttle explosion.