Obama On Pirates: Declines To Answer Question

WASHINGTON — President Barack Obama has declined to answer a question about the hostage situation off the coast of Somalia.

The president was asked about the incident as he met with U.S. homeowners about refinancing mortgages. At the close of a Roosevelt Room event, the president was asked by a reporter if he were concerned about the piracy incident.

Obama responded: "Guys, we're talking about housing right now."

Reporters were then ushered out of the room as they usually are after such events.

Obama has yet to comment publicly on the incident.