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President Denies Previous Knowledge of IRS Inspector General's Report

President Obama insisted Thursday that he knew nothing about the internal investigation into the IRS' practice of singling out conservative groups for special scrutiny before it was made public, a day after he sought to tamp down the controversy by announcing the resignation of the IRS chief.

"I certainly did not know anything about the (inspector general) report" beforehand, Obama said Thursday, during a press conference alongside the Turkish prime minister.

He reiterated that he found the agency's actions "unacceptable" and sought to fix the problem "the minute" he found out about it.

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