President Obama appears on "Late Night with Jimmy Fallon" Tuesday night, and he taped the segment that afternoon at the University of North Carolina after he gave a speech there about student loans.
According to pool reports, the president came out from behind a curtain to "slow-jam the news" to The Roots, Fallon’s house band.
"I'm president Barack Obama, and I, too, want to slow-jam the news," the president said.
Mr. Obama then held a microphone and described the importance of keeping student loan interest rates low, while the band behind him played a moody, bluesy background music. Fallon came in with his own alternating riffs about Stafford loans.
Background singer serenaded Obama as "the POTUS with the most-est."
Obama spoke politely about the presumptive GOP presidential nominee, Mitt Romney.
"I've met him, but we're not friends," he said. "His wife is lovely." He added that Romney "seems like somebody who cares about his family."
He also had only good things to say about the Secret Service, which has brought him unwanted attention after 11 agents were caught hiring prostitutes in Cartagena, Colombia.
"The secret service, these guys are incredible," Obama said. "They protect me, they protect our girls. A couple of knuckleheads shouldn't detract from that they do. What they were thinking, I don't know. That's why they're not there anymore."
The president was a good sport when Fallon surprised him with a college-age photo of him.
"Notice the afro," Obama said.