get in-- quick! why quick? so it's faster. do you guys want me to take you home or go back to the church? is anyone still at the church? no, actually, most of them went to go see a movie. what? shut up. yeah. and then they all went in meredith's mini van. it is so nice to be back in a country that has movies. i bet, you guys. can i come? oh, lake wobblegon's on. do you guys-- are you cool with that? guy (on radio): the lutherans brought their banana bread, but fred nordquist had no appetite. he was thinking about his pair of new boots. it's been 10 years, after all, and as he told mrs. nordquist, it would take two years to get comfortable with the new boots. 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.

[cheering] welcome to the daily show. my name is kal penn, and i will be your host for this week. now, you might know me from my work as an actor or my work with president barack obama. [cheering] yeah. 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. [cheering] he is a man who i know well from my time working for barack obama. but first, let's get into the headlines.

[cheering] of course, last night was the academy awards, and hashtag #oscarssoasian? [cheering] hell yeah! 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, like, so nice. although, honestly, if their parents are anything like mine, they were probably just like, ok. let's move on from movies to music and some big news for a hot new artist. reporter: a new song credited to donald trump and the j6 choir is now topping the itunes music chart. "justice for all" features the former president along with a group of men in prison for the january 6 attack on the capitol. chorus: (singing) what so proudly we hail at the twilight's last gleaming.

donald trump: i pledge allegiance to the flag of the united states of america. chorus: whose broad stripes and bright stars-- 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 he hanged himself. [laughter] and why are they calling themselves donald trump and the january 6 choir? coup and the gang is right there! [laughter] anyway, let's get to today's big news, the collapse of silicon valley bank. i know it's 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 bros, disrupters, and anyone who's ever invented uber but for weed. so here's what happened, ok? svb invested a lot of their clients' money on a bet that interest rates wouldn't go up. and when interest rates did go up, they started losing their clients' money. then they told their clients, hey, um, don't freak out, but we're losing your money. so, of course, everyone immediately freaked out and ran to the bank to take out all 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. [laughter] and look, people are legitimately scared this could spread to banks across the country. so to stop the panic the federal government took the bank over and promised everyone that they'd get their money back.

and it's kind of funny because some of the companies who had money at the bank were screaming on social media that the government needed to come and save them. that's right. all those tech bros who complain about being under the government's yoke were suddenly like, oh, no, my money's gone. (high-pitched) yoke me, daddy. [laughter] 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 got 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 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 month-long 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. 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. whoa. [cheering] michael, where are you? well, where does it look like i am? i'm at silicon valley bank's headquarters. looks like you're at a gay nightclub, man. this is just what a woke bank looks like, kal. the first floor is a gay nightclub. second floor is a gay bathhouse.

and the third floor is gay accounting. ok, well, what's 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. that's so naive, kal. no, the reason the bank collapsed is because of woke. 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. i don't see what any of this has to do with a bank failing. well, 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. there's no way that's true. oh, come on. women get the right to vote in 1920. nine years later, the great depression, ok? how about this? segregation ends in '64. 17 years later, the recession of '81 hits.

coincidence? - 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, ok? just look at the names behind the 2008 financial crisis-- "lay-men" brothers, "gold-man" sachs, bear stearn, rusty trombone investments. it's all major gay financial institutions that lost money. i've never heard of rusty trombone investments. well-- well, they lost a lot of my money. look, forget your theories for a minute. what can consumers do to keep their money safe? it's easy. skip the banks and keep all your money in your wallet like i do. that way when i need some money-- that way when i need some-- oh, my god, someone stole my wall-- i know who it was. oh, that's terrible. who was it? it was woke. all right, man. ok. good luck with that.

michael kosta, everybody. [cheering] all right. when we come, back my interview with president joe biden. don't go away. [cheering] (♪ ♪) you inspired the lexus es to be, well ... more you. so thank you. we hope you like your work. (♪ ♪) what does it mean when people say america is the land of opportunity? it means the power to discover. to redefine yourself. to improve yourself. to challenge yourself. to realize there's more in you than you ever knew that you could do. it means giving people an open field

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tostitos® hearty dippers™. [cheering] 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. mr. president, welcome to the daily show. well, welcome back to the white house. thank you. it's 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? the truth of the matter is i'm never more optimistic in my entire life about-- no, i mean it-- now. i tell you what. look, if you think about it, the reason i had not given my words of--

i hadn't planned on running again. i had lost my son beau. it was a tough, tough time. and i wasn't going to run at all for real. and then remember what happened in charlottesville? then president trump said there were very fine people on both sides. and i give my word, that's when i decided i'm going to do this. and i did it for three reasons-- one, to restore the soul of this country. that's not who we are. we're a decent, honorable country that cares. we really are. we still are. second one is to, you know, 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 whole range of-- no one thought we could do anything on the environment. no one thought we could do anything about same-sex marriage. i mean, we did-- we did not all of it, but a significant portion of it was done in a bipartisan way. when i was a white house aide, i remember having meetings in this room on climate. they didn't always go so well. and i never would have imagined 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? young people. young people. a generation-- that generation between 18 and 35 now. they're the ones who created 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 $368 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's how much is burned to the ground. floods, droughts, all the things. and so people can't deny it anymore. if we don't keep the temperature from going above 1.5 degrees celsius, raised, now, we're in real trouble. that whole generation is damned. i mean, that's not hyperbole-- really, truly in trouble. and that's why the first meeting i had with the so-called g7-- they want to talk about what was my initiative on energy, on dealing with moving toward. for example, i called all the automakers and truckmakers

and asked them to come to the south lawn the first year, and to try to talk them into doing something more than going electric. and within five weeks, all of them agreed they're going to go electric 50% by 2030, and by 2050, all electric. and i think we can do it. you're also responsible for reviewing, drilling, and oil production. yes. what would you say to those young people who want you to continue to be their champion, but might not think that you're going far enough or fast enough on climate? well, first of all, we're going faster than anyone's ever gone. we're going to need fossil fuels for at least the next 10 years. it's not like tomorrow, we can turn it all off, number one. and so we're going to need fossil fuel. what we have to do is we have to-- i've said, no more drilling off our ocean-- i mean, the whole range. but it still has to be-- there 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, one of 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's a matter of transitioning, but it's not like you can cut everything off immediately. you-- you obviously understand the existential threat that young people feel when it comes to climate. joe biden: sure. how do you balance that with the immediate concerns of babysitting congress, or getting 51 or 60 votes on some of this? joe biden: well, look, i've been really be careful here. sure, yeah. i'm relatively successful-- right. --in working across the aisle.

there is a maga republican portion of the party. it makes up about 1/3 of the republican party. but there are a lot of people in the republican party who are traditional republican, conservative republicans that you can deal with. but this gentlewoman from the state of georgia and the mountains up there and others, ok? and-- anyway. that's very diplomatic. i would have used different language, but you're-- joe biden: no, but it's-- there's an existential question that the republican party is going to have to face, and it's going to determine what happens in the next couple of years. but my focus is, just stay focused on the things that matter. we've got to deal with the climate. we've got to deal with civil liberties and voting rights. we've got to deal with issues relating to economic growth. look, in this period, i inherited-- i think it's fair to say-- a gigantic mess, economically and politically.

we've created 12 million new jobs since i've been president-- more than any president has created in four years. we've 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's so much going on, that the country is hungry to move, i think, and i'm confident we can do it. 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 hasn't 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 marriages 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 these regressive state laws that are popping up right now. i can remember exactly where my epiphany was. 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. i remember-- about to get out of the car, and i look 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 heading to the department building, and one looked like he headed to the hercules corporation building. and i'll never forget, i turned and looked at my dad. he said, joey, it's simple. they love each other. it's simple. no, i'm not joking. it's simple. they love each other. and it's never been-- it's never been-- it's just that simple. it doesn't matter whether it's-- whether it's same-sex or a 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. [laughs] don't wait. now, transgender kids is a really harder thing. what's going on in florida is, as my mother would say, close to sinful. i mean, it's just terrible, what they're doing. it's 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're 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're breaking the law, and you're going to be held accountable.

thank you, sir. i also can tell that some auntie or my mom probably texted you beforehand if-- joe biden: no, no, no. --if you're trying to pressure me to-- joe biden: no, no, but get moving, man. i don't want to hear you can't do it. thank you, mr. president. thank you for your time, and i appreciate you very much. thank you. thank you. all right. stay tuned. because when we come back, president biden takes us inside the oval office. don't go away. [cheering, applause] (vo) red lobster's finer points of fun dining: the correct answer to starter or entree is who gives a shrimp, when you get both. introducing new dockside duos. get an individual-size starter and entree for just $15.99. welcome to fun dining.

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summer ales on me! woo-hoo! whose pool is this anyway? hi-ya! none of us know? sam adams summer ale. light and citrusy. perfect for summer. welcome back to lthe daily show.y. let's take it back to the white house-- or, as my college buddies called it when i worked there, the tight house.

now, i've been fortunate enough to be in the oval office a few times. but today, i get to bring you with me. well walk on a place you spent some time. thank you sir i have the fireplace never been on what i've been in. i tell you what, i have it on all the time. it's kind of humbling, walking in here. absolutely. i mean, for real. i had my brother, jimmy, come in and pick the rug and the desk and all that stuff. and make a long story short, i come walking in, like 5:00 on inauguration day, and i walked in, and i said, jesus. i've never seen franklin roosevelt. i'm an admirer, but it's always george washington's small portrait there, and abraham lincoln. and jon meacham-- that presidents historian. jimmy had called him for some help. and he looked, and he said, because no one's ever inherited a world economy in as much disarray as he had.

and i said, oh, that's wonderful. yeah, that tracks. and then, i said, well, why lincoln? and he said, the country has never been as divided since lincoln was president. but what i did was i wanted to be able to sit here at my desk and look out. and i only had two political heroes when i was getting involved. that fellow over there-- martin luther king and bobby kennedy. i was a great admirer of john kennedy. but i could never picture john kennedy at my kitchen table. i could kind of picture, maybe-- and then, the two people who i got involved-- engaged with-- cesar chavez. because i got, not involved, but i supported, verbally, the farm workers union they were trying to organize in delaware when i was running as a 29-year-old kid. and his granddaughter works for me. and then, rosa parks, who's over here-- and so i tried to-- i tried to make it, kind of, warm like i thought about,

not-- the other guy never showed up on inauguration day, so i didn't have to worry about it. but it's kind of neat. and the things i've done in here-- like, for example, the moon rock over here. all right. i'm a huge nasa fan, a big astronomy fan. - are you really? - this is very cool. well, this is cool. that's an actual moon rock. and one of the-- that rover they have up there? kal penn: yeah. joe biden: my name is in the back, with other presidents. oh, that's cool. it's really cool. but i want to show you something really cool. come on back here. not many people come back this way, but come on in. kal penn (voiceover): oh, yeah. not only are we seeing the oval office, we're also getting a rare tour of the president's private study. this is like the world's most dignified episode of mtv cribs. and by the way, that is a wyeth painting by jamie wyeth, the son. and he told me the kennedy family didn't like it, because they made him look too contemplative. - oh. - but-- - he's got to smile. - i know. i think it's great. but anyway, and that's the house i was raised in-- in scranton.

oh, that's awesome. wow. or as they say, scranton. scranton. so i went and spoke at the kennedy library a couple of times. the last time i spoke there, i get handed this by caroline kennedy. and it's that famous letter he wrote. kal penn: wow. joe biden: and this is the actual copy. and it's, why am i going? we chose to go to the moon in this decade, because that goal will serve the origins of measure by the best of us. and it goes on and on. kal penn: well, that's-- i mean, just even that top line, "no prejudice, no hate in outer space." - bingo. i don't know if you have any tattoos. i've got some from the nasa voyager, which was launched in '77. but the golden record, which had science, music, art, but no politics, no war, no religion, none of the things that divide us-- and so it's just the idea of hope through exploration. kal penn (voiceover): unfortunately, before the president showed me all of his tattoos,

it was time to go. - thanks. - thank you, sir. i really appreciate your time, and thank you so much for the stories and the oval tour. [applause] ok, we're going to take a quick break, but we'll be right back after this. [cheering, applause] and this is ready to go online. any questions? -yeah, i got one. how about the best network imaginable? let's invent that. that's what we do here. quick survey. who wants the internet to work, pretty much everywhere. and it needs to smooth, like super, super, super, super smooth. hey, should you be drinking that? -it's decaf. because we're busy women. we don't have time for lag or buffering. who doesn't want internet that helps a.i. do your homework even faster.

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that's our show for tonight! but before we go, please consider supporting the magic city acceptance center. they're a nonprofit 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's safe to say that that would 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's all substance, driven about whether i could serve or not serve in a variety of capacities. chap: ch-ch-cheerio! and welcome to tonight's bareknuckle boxing championship bout, where the action is set to get underway in just a matter of metric seconds.