♪ da na na na na ♪ ♪ da na na na na ♪ yeah! ♪ da na na na na ♪ ♪ da na na na na ♪ [whistling] i thought i'd come in casual today. man, i'm hungry. anyone else feel like a beet? where did you get those? what, these? bernard farms. best beets in the state. i see what you are doing. but i do not know where you are going with this. well, you will. as soon as you visit my new beet farm. captioning by dave l at captionmax www.captionmax.com ow. you're supposed to cook these, aren't you? [scoffs] cornell. ♪ ♪ >> announcer: from new york city, the only city in america, it's the show that invented news. this is "the daily show" with your host, kal penn! [cheers and applause]

♪ ♪ [cheers and applause] >> kal: welcome to "the daily show!" my name is kal penn, and i will be your host this week! you might know me from my work as an actor, or my work with president barack obama. [cheers and applause] yeah, i plan on dropping his name all week. anyway, we've got a great show for you tonight, including a very special interview with president joe biden! [cheers and applause] he is a man who i know well from my time working for barack obama. but first, let's get into the headlines! ♪ ♪ [cheers and applause] of course, last night was

the academy awards. and #oscarssoasian. [cheers and applause] that's right! that's right! it was an incredible night for the asian american community. so many asian artists won and thanked their parents which was so nice. although, honestly, if their parents or anything like mine, they were probably just like, "okay." let's move on from movies to music and some big news for a hot new artist. >> the new song credited to donald trump and the j6 prison choir. the new song features the president and a group of men in prison for the assault on the capitol. >> ♪ what so proudly we hailed

♪ at the twilight's last gleaming ♪ >> i pledge allegiance to the flag of the united states of america. ♪ whose broad stripes and bright stars ♪ >> kal: wow. i can't believe i'm saying this, but those guys should stick to insurrecting. this song is such a turd, i'm surprised it's on itunes and not nancy pelosi's desk. this is so bad, mike pence heard it and hanged himself. and why are they calling themselves "donald trump and the january 6 choir"? coup and the gang is right there! [applause] anyway. let's get to today's big news. the collapse of silicon valley bank. i know, it is impossible to believe that a town that could spend half a million dollars on this ape would have financial problems. but somehow it happened. svb was the 16th largest bank in

the country. and the favorite bank of tech pros, disruptors, anyone who has ever invented uber but for weed. here's what happened, svb invested a lot of their clients' money on about that interest rates wouldn't go up. and then when interest rates did go up, they started losing money, and then they told their clients, "hey, don't freak out, but we're losing money." so, of course, everyone immediately freaked out, and ran to the bank to take out their money before it collapsed, which then caused the bank to collapse. it was like that bank run scene from "it's a wonderful life" but if everyone was wearing patagonia vests. and look. people are legitimately scared this could spread to banks across this country, so to stop the panic, the federal government took the bank over promised everyone who deposited money in the bank will get it back. it's funny, because some of the

companies that had money in the bank was screaming on social media that the government need to come and save them. that's right, all of those tech bros that were complaining about being under the government's yoke. under the government's yoke were suddenly like, "oh, no, my money is gone? yoke me, daddy!" so that's basically what happened. but, if you're looking for an explanation of why svb failed that doesn't require you to learn about interest rates, well, fox news has you covered. >> part of the problem was is that this was one of those "woke" banks. >> they were one of the most "woke" banks in their quest for the esg-type, type policy. >> this bank, they're so concerned with dei and politics and all kinds of stuff. >> this bank, silicon valley bank, they had been focused on a lot of these social issues in the last weeks and months leading up to this collapse. >> yeah, they had a monthlong lgbtq month of activities just before the bank collapsed. >> i think the senior vice president of risk management at

the bank was heavily focused on lgbtq+ programs. >> the female head of risk management spent a lot of time spearheading what critics would call "woke" programs, such as a safe space for coming out stories. >> kal: oh, right. "the female head of risk management." that explains it. she probably spent the bank's money on shoes and abortions. for more on silicon valley bank, we go to michael kosta. [cheers and applause] whoa, michael, where are you? >> where does it look like i am? i'm at silicon valley bank's headquarters. >> kal: it looks like you're at a gay nightclub, man. >> this is just what it's like at a woke bank, kal. the first floor is a gay night club, second floor is a gay bath house, and the third floor is gay accounting. >> kal: what is your

impression of svb's collapse? seems clear to me that it's a result of rising interest rates forcing the bank to sell its bonds at a loss. >> [laughs] that's so naive, kal. no, the reason the bank collapsed is because of woke. >> kal: what do you mean, "woke"? how did that collapse a bank? >> it just did, kal. woke. dei. esg. poc. aoc. bet. the list is endless. and the list is woke. >> kal: i don't see what crt has to do with a bank failing. >> that's because you're not a trained economist like i am. but once you learn the history, you discover that every bank crisis that has ever happened has happened because of woke. >> kal: there's no way that's true. >> oh, come on. women get the right to vote in 1920. nine years later, the great depression? okay. how about this, segregation ends in '64. 17 years later, the recession of '81 hits. coincidence? >> kal: come on, man.

you can't connect these. women and black people are not behind all bank collapses. >> of course not, kal. sometimes it's gay people's fault. just look at the names behind the 2008 financial crisis. "lay-men brothers." "gold man sacks." "bear stern." "rusty trombone investments." it's all major gay financial institutions that lost money. >> kal: i've never heard of rusty trombone investments. >> well, they lost a lot of my money. >> kal: forget your theories for a minute. what can consumers do to keep your money safe? >> it's easy, skip the banks and keep all of your money in your wallet like i do. that is why when i need some money, that way, when i need some -- oh, my god. someone stole my wallet. i know who it was. >> kal: that is terrible. who was it? >> it was woke. >> kal: all right, man. good luck with that. michael kosta, everybody. [cheers and applause] all right, when we come back,

my interview with president joe biden. don't go away. [cheers and applause]

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when cold symptoms keep you up, try vicks nyquil severe. just one dose starts to relieve 9 of your worst cold and flu symptoms, to help take you from 9 to none. for max-strength nighttime relief, nyquil severe. [cheers and applause] >> kal: welcome back to "the daily show"! last week, i had the opportunity to interview the president of the united states at the white house.

we talked about our divided country and how young people's advocacy can affect policy on climate, drilling, and human rights. >> kal: mr. president, welcome to "the daily show." >> president biden: welcome back to the white house. >> kal: thank you, it is very nice to be back. i was trying to figure out when the last time you and i had a conversation was and i realized it was november 2016 at a very diverse diwali party that you hosted just a few weeks after trump became the president-elect. and i remember just feeling so positive and so much hope there. then i remember just four years of policy and vitriol under trump and now things feel more divided. so i was curious how you feel that we can stay hopeful and how can we get the country to unify. >> president biden: the truth of the matter is, i've never been more optimistic in my entire life. no, i mean it now. i tell you what, look, if you think about it, the reason -- i had not given my word -- i have

not planned on running again. i lost my son beau, it was a tough, tough time. i wasn't going to run at all, for real. then, remember what happened in charlottesville, then-president trump said they were very fine people on both sides. i gave my word, that is when i said i was going to do it. i did it for three reasons. one, to restore the soul of this country. that is not who we are. we are a decent, honorable country that cares. we really are. we still are. second one is, to begin to take care of the middle class because the middle class does well, the poor have a real shot, and the wealthy do very well. and thirdly, to unite the country. and at the time, people thought, well, maybe the first two but you'll never unite the country. but look what we did. we got a lot done. no one thought i could ever pass the infrastructure bill. no one thought i could ever do anything about making sure that we took care of people with disabilities and drug prices and

a whole range -- no one thought we could do anything on the environment, no one thought we could do anything about same-sex marriage. we did not all of it, but a significant portion of it was done in a bipartisan way. >> kal: when i was a white house aide, i remember having meetings in this room on climate, and they wouldn't always go so well. i never would have remembered 12 years ago that something as sweeping on climate as the inflation reduction act would have happened. so my question really -- and i was watching all of this unfold -- is who or what created the political space for you to take that kind of action? >> president biden: young people. young people. the generation, that generation between 18 and 35 now. they are the ones that create the space. they had enough of it. they had enough of it. i mean, they showed up in the 2020 election, they showed up in the 2022 election.

and we passed the largest environmental plan in all of history. over $350 billion. we got it done. and what happened was, mother nature let her wrath be seen over the last two years. for example, i have traveled on helicopter over more forest area burned to the ground than the entire state of maryland. that is how much has burned to the ground. floods. droughts. all the things. so people can't deny it anymore. if we don't keep the temperature from going above 1.5 degrees celsius raised, then we are in real trouble. that whole generation is damned. i mean, that is not hyperbole. really, truly in trouble. and that is why the first meeting i had with the so-called g7, they didn't want to talk about what with my initiative on energy, on dealing with moving toward -- for example, i called all of the automakers and truck makers and ask them to come to the south

lawn the first year, to try to talk them into doing something more -- going electric. and within five weeks, all of them agreed they are going to go electric, 50% by 2030, and by 2050, all electric. and i think we can do it. >> kal: you are also responsible for reviewing drilling and oil production. >> president biden: yes. >> kal: what would you say to those young people who want you to continue to be their champion but might not think you are going far enough or fast enough on climate? >> president biden: well, first of all, we are going faster than it's ever gone. we are going to need fossil fuels for at least the next ten years. it's not like tomorrow, we can turn it all off, number one. and so we are going to need fossil fuel. what we have to do is -- i said, no more drilling off of our ocean -- a whole range, but there still has to be the ability to generate some energy. but we can get rid of coal much more rapidly, and by the way,

for example, i was up in massachusetts, the largest coal producing electric facilities in the nation. well, guess what? we hooked it up to wind technology. and so now, it's cheaper. we can do solar, we can do wind cheaper than we can do fossil fuels. so it is a matter of transitioning. but it's not like you can cut everything off immediately. >> kal: you obviously understand the existential threat that young people feel when it comes to climate. >> president biden: sure. >> kal: how do you balance that with the immediate concerns of babysitting congress? getting 51 or 60 votes on some of this? >> president biden: look, i have been -- i want to be careful here. >> kal: fair. [laughs] >> president biden: i have been relatively successful in working across the aisle. there is a maga republican

portion of the party, it makes up about a third of the republican party, but there's a lot of people in the republican party who are traditional republican, conservative republicans, that you can deal with. but you know, these, you know, the gentleman from the state of georgia -- >> kal: that is a very diplomatic, i would have used other language. >> president biden: you know, it is -- there is an existential crisis that the republican party is going to have to face, and it will determine what is happening for the next couple of years. but my focus is, just stay focused. focused on the things that matter. we got to deal with the climate, we got to deal with civil liberties and voting rights, we got to deal with issues related to economic growth. look, in this period, i inherited, i think it is fair to say, a gigantic mess economically and politically. >> kal: of course. >> president biden: we created 12 million new jobs since i have

been president. more than any president has created in four years. we have generated so much growth. we've created 800,000 manufacturing jobs. with the bill that became a bipartisan bill, which no one thought could happen, so there is so much going on at the country is hungry to move, i think, and i am confident we can do it. >> kal: i wanted to ask you a slightly different question. so my partner, josh, and i, have been engaged for the last five years, which really only means that every auntie and uncle that i have is beyond disappointed that there has not been a wedding yet. but cardi b is going to marry us, apparently officiate our wedding, which would be nice. but my question for you, mr. president, is you codified support for same sex marriage and interracial marriage like ours. i'm curious what your evolution was like on marriage equality, and what the federal government might be able to do to protect

lgbtq americans, especially trans kids who are dealing with all of these regressive state laws that are popping up right now. >> president biden: i can remember exactly when my epiphany was. >> kal: okay. >> president biden: i hadn't thought much about it, to tell you the truth. and i was a senior in high school. and my dad was dropping me off and i was about to get out of the car and i looked to my right and two well-dressed men in suits kissed each other. i mean, they gave each other a kiss. and then one went, looked like he was headed to the dupont building, one looked like he was going to the hercules corporation building. and i'll never forget, i turned and looked at my dad, he said, joe, it is simple. they love each other. it is simple. i'm not joking. it is simple. they love each other. and it has never been -- it has never been -- it is just that simple. it doesn't matter whether it is

same-sex or heterosexual couple. you should be able to be married. what is the problem? so listen to your auntie and your uncle. get married. do it now. don't wait. [laughs] and transgender kids is a really hard thing. what is going on in florida is, as my mother would say, close to sinful. i mean, it is just terrible what they are doing. it is not like a kid wakes up one morning and says, you know, i decided i want to become a man or i want to become a woman or i want to change. i mean, what are they thinking about here? they are human beings. they love, they have feelings, they have inclinations that are -- i mean, it just, to me, is -- i don't know. it's cruel. and the way we do it is we make sure we pass legislation like we passed on same-sex marriage. you mess with that, you are breaking the law, and you will be held accountable. >> kal: thank you, sir.

i also can get tell, like, some auntie or my mom probably texted you beforehand. >> president biden: no, no. >> kal: trying to pressure me too. [laughter] >> president biden: no, no, get going, man. >> kal: thank you, mr. president. thank you for the time, i appreciate it. >> president biden: thank you, thank you. [cheers and applause] >> kal: stay tuned. when we come back, president biden takes us inside the oval office. don't go away. [cheers and applause] you foxes talking about me? no, it's just uber one stuff. yeah, you get 10% off orders. ♪ (vo) red lobster's finer points of fun dining:

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now, i've been fortunate enough to be in the oval office a few times, but today, i get to bring you with me. ♪ ♪ >> president biden: welcome to a place you spent some time. >> kal: thank you, sir. the fireplace has never been on when i've been in. >> president biden: tell you what, i have it on all the time. it is kind of humbling being in here. >> kal: absolutely. >> president biden: i mean, for real. i had my brother jimmy come in here and pick the rug and the desk and all of that stuff, and make a long story short, i come walking in, at 5:00 on on inauguration day, i walk in and i say, jeez, i said, i had never seen franklin roosevelt? i am admirer, but it is always george washington's a small portrait there. and abraham lincoln. and jon meacham, the presidential scholar, jimmy called him for some help, and he looked at me and said, because no one has ever inherited a world economy and as much disarray as he has. i said, oh, that's wonderful.

>> kal: that tracks. >> president biden: i said, why lincoln? the country has never been so divided since lincoln was president. but what i did was, i wanted to be able to sit here at my desk and look out. i only had two political heroes when i was getting involved. that fellow over there, martin luther king, and bobby kennedy. i'm a great admirer of john f. kennedy, but i could never picture him at my kitchen table. and then the two people who i got involved, engaged with, cesar chavez, because i got involved, i supported verbally, the farm workers union. they were trying to organize in delaware when i was running as a 29-year-old kid. his granddaughter works for me. and then rosa parks is over here. and so tried to make it kind of warm, like i thought about it. now the other guy never showed

up on inauguration day, so it didn't matter. [laughter] but it was kind of neat. the things i have done in here, for example, the moon rock over here. >> kal: i am a huge nasa fan, a big astronomy fan. >> president biden: oh, this is cool, this is an actual moon rock. one of the dash the rover they have up there? my name is on the back, the presidents. it is really cool. i want to show you something really cool. come on back here. not many people come back this way, but come on. >> kal: oh, yeah. not only are we seeing the oval office, we are also getting a rear tour of the president's private study. this is the world's most dignified episode of "mtv cribs." >> president biden: by the way, that is a wyeth painting, by jamie wyeth, the son, and he told me the kennedy family didn't like him, made him look too contemplative. >> kal: he's got a smile. >> president biden: i know. >> kal: that is awesome.

wow. >> president biden: as they say, scranton. so i went and spoke to the kennedy library a couple of times. the last time i spoke there, i get handed this by caroline kennedy. and it is that famous letter he wrote. and this is the actual copy, and it is, you know, why am i going? we chose to go to the moon in this decade because that goal served the origins of missions of the best of us and it goes on and on. >> kal: that, i mean, just even the top line, "no prejudice, no hate in outer space." >> president biden: bingo. >> kal: i don't know if you have any tattoos, i have some from the nasa voyager in 1977, the golden record which had science, music, art, but no politics, no war, religion, none of the things that divide us, so it is just the idea of hope through exploration through exploration. >> kal: unfortunately, before the president showed me all of his tattoos, it was time to go.

>> president biden: . >> president biden: thanks. >> kal: thank you, sir. i really appreciate your time. thank you so much for the stories and the tour. [cheers and applause] >> kal: okay. we are going to take a quick break but we will be right back after this! [cheers and applause] for businesses of all sizes, there are a lot of choices when it comes to your internet and technology needs. when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security for total peace of mind. and you choose a next generation 10g network that's always improving, getting faster; more reliable; and more intelligent to keep you ready for today and tomorrow. the choice is clear: make your business future ready with

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[cheers and applause] >> kal: that's our show for tonight, but before we go: please consider supporting the magic city acceptance center. they are a non-profit dedicated to providing an inclusive space for the lgbtq community in alabama. if you can support them in their work, please donate at the link below. now, here it is. your "moment of zen." >> if not this time to run for president, would you think at some time, it is safe to say that that will be one of your goals? >> i would only -- i would only do stuff if i thought there was a rationale for me to accomplish things on behalf of the people. so it is all substance-driven about whether i could serve are not served in a variety of capacities. narrator: here's what happened last week. in case you missed it. so george and i went up to nbc, and we told them the idea for the series. now we're just waiting to sign the contract. jerry, i want you to sign that contract. we're gonna sign it! in fact, george is out with the woman from nbc now.