Obama: Hillary Clinton 'would be an excellent president'

Shortly before Hillary Clinton officially announced that she is running for president in 2016, she received an endorsement from President Barack Obama.

At a news conference in Panama, where Obama was attending a summit meeting of Latin American countries, the president said Clinton "was a formidable candidate in 2008" and "was an outstanding secretary of state."

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Meghan DeMaria

Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.