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President Obama on 'The View' - topics include gay marriage, Wall Street, pop culture

Whoopi Goldberg, Barbara Walters, President Barack Obama, Joy Behar, Sherri Shepherd and Elisabeth Hasselbeck appear on an episode of 'The View,' which aired on Tuesday, May 15, 2012. (Lou Rocco)

May 15, 2012 12:00:00 AM PDT
In an exclusive interview with the ladies of ABC's "The View," President Barack Obama talked about his historic support of gay marriage and the new challenges on Wall Street. He also took on some questions on popular culture.

It was the fourth time Mr. Obama has shared the sofa with the outspoken women of "The View." His appearance comes days after he announced his support for gay marriage. Barbara Walters asked the president how far he's willing to go.

"My justice department has said to the courts, 'We don't think the Defense of Marriage Act is constitutional. This is something that historically had been determined at the state level," said Mr. Obama.

They also tackled tough topics, such as the risk-taking on Wall Street after the nation's largest bank, JPMorgan Chase, lost $2 billion in trading.

"This is the best or one of the best managed banks. You could have a bank that isn't as strong, isn't as profitable making those same bets and we might have had to step in, and that's exactly why Wall Street reform is so important," Mr. Obama said.

And in a big election year, the talk show hosts asked the president about his future and what he hopes it holds.

"What I want to spend the next five years doing is recreating that America where, if you work hard, you can make it, regardless of where you come from, what you look like," said the president.

The ladies also tested the president on pop culture, asking him about Kim Kardashian's marriage, Jessica Simpon's pregnancy and the hot new novel, "50 Shades of Grey." The president said he would have to ask his wife about the popular book.