"Absolutely, of course you are, Bill," Obama told Bill O'Reilly when asked whether he felt mistreated. "But I like you anyway, though."
Asked to clarify, Obama said Fox characterizes the news in a certain way as to focus on issues that cast him in a bad light.
"We just went through an interview in which you asked about health care not working, IRS -- were we wholly corrupt -- Benghazi," Obama said. "Right? So the list of issues that you talked about -- they're defined by you in a certain way."
O'Reilly said he was merely asking "unanswered questions."
Obama then suggested that Fox News needs him as its foil.
"Regardless of whether it's fair or not, it has made Fox News very successful," Obama said. "Here's what you guys have to figure out: What are you going to do when I'm gone?"
O'Reilly responded: "I was here when you weren't here -- ask Clinton and President Bush. I gave President Bush a real hard time."
The interview was the second part of a interview that first aired before the Super Bowl on Sunday.