At least one high-profile Democrat won't be challenging Hillary Clinton for the party's nomination in 2016.

President ObamaBarack Hussein ObamaDems punch back over GOP holdup of Biden SBA nominee Biden congratulates Trudeau for winning third term as Canadian prime minister Republicans have moral and financial reasons to oppose raising the debt ceiling MORE was asked Thursday if he would ever consider running for a third presidential term during a town-hall meeting Thursday in Minnesota. 

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But the president said even if the 22nd Amendment — which limits presidents to two terms — didn't exist, he'd still be out of the running.

"Not only the Constitution bars it, but Michelle bars it — and you can’t change Michelle’s mind," Obama quipped.

Last month, a satirical website suggesting the president was launching a campaign for a third term briefly made waves on the internet. The article, from a website called the National Report, gained enough prominence that fact-checking website PolitiFact devoted a story to shooting it down.