Barack ObamaBarack ObamaOvernight Tech: FCC chief gives states more control over internet subsidies | Dems urge Trump to veto bill blocking online privacy rules | House boosts its mobile security Overnight Defense: Pentagon considers more troops for Afghanistan | McCain, Graham won't back short-term funding | GOP defends Trump rules of engagement Paul Ryan sells out conservatives with healthcare surrender MORE said he is glad the Supreme Court has bolstered the second amendment's legal power but stressed that its ruling does not mean the end of gun control. Obama was reacting to the court's recent gun decision on Bloomberg TV (see the video here.)

"What I've consistently said is that I believe that the second amendment means something, that it is an individual right, and that's what the Supreme Court held, so I agree with that aspect of the decision," Obama said.

"What I've also said is that every individual right can be bound by the interests of the community at large, and the Supreme Court agreed with that as well," Obama said. "It doesn't mean that local communities can't, you know, pass background checks,