Penguin Random House will publish memoirs from the former president and First Lady.
The administration told Congress it would release the funds just before Trump took office.
The Obama Foundation launches today.
Obama has now commuted more sentences than any other president in U.S. history.
On the final day of his presidency, Barack Obama shared a letter of appreciation.
“This house belongs to you, and to every American.”
Watch clips from the President’s hour-long sitdown with Dateline’s Lester Holt.
Biden couldn’t hold back a few tears as Obama presented him with the honor.
The former Army intelligence analyst is currently serving 35 years for leaking classified materials.
“I will always carry your words and the memory of your time in office with me as an inspiration.”
“A new generation sets its sights higher because it has you as a role model.”