"We've reached the point today because of the pressure Israel built on Hamas backed by the United States," Biden said.

Three hostages have been released by Hamas and are in Israeli custody, marking the beginning of the hostage exchange

In a brief address on his last full day as president, Joe Biden hailed the ceasefire and hostage release in Gaza and predicted Hamas would not regain power. He also defended his support for Israel in the 15 months since Hamas’ Oct.