Jimmy Fallon welcomed "the Preezy of the United Steezy" to his late-night program last night when President Barack Obama joined him for the 'Slow Jam the News' comedy segment.

Normally, NBC News anchor Brian Williams appears with Fallon for the bit, in which Williams presents a news headline and Fallon discusses the issue with seductive metaphors spoken in a sexy soul voice.  But this time, after Fallon announced his intention to slow jam the news, the president appeared to wild applause and said, "I'm President Barack Obama, and I, too, want to slow jam the news."

As the Roots provided romantic backing music, Obama explained that the interest rates on Stafford student loans are about to go up, and he called for a bipartisan effort to keep those rates level. Fallon then chimed in, "Awww yeah... Things are heating inside Congress's chambers, behind all those closed doors."

Fallon added, "The Barackness Monster ain't buying it. We all know our legislative bodies in the House tossin' and turnin' late into the night. But still Republicans disagree and could filibuster. But if they do, the President said, 'They're gonna feel it, buster.'"

Is the prez's appearance funny enough to appear on Fallon's upcoming comedy album, 'Blow Your Pants Off?' Is Obama's cameo an effective pre-emptive strike against Mitt Romney's rumored 'SNL' hosting gig? Watch the clip and give us your approval rating of the segment in the comments.

Watch Jimmy Fallon and President Obama Slow Jam the News