President Obama on Chuck Todd: 'Now a big cheese'

After addressing the US economy, ongoing violence in Ukraine, and the threat of ISIS in Iraq and Syria during a White House statement just after 4pm today, President Obama turned to the press corps for questions.

First up: NBC News chief White House correspondent Chuck Todd.

“I’m going to start with somebody I guess is now a big cheese, he’s moved on,” Obama quipped, referring to Todd’s new role as moderator of “Meet the Press. Todd will vacate his role as the NBC White House lead when he takes over “MTP” on September 7.

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