President Obama spoke publicly for the first time Wednesday about his administration's portrayal of Fox News as an illegitimate news organization -- only to say he's not "losing sleep" over the controversy.

Obama, in an interview with NBC, at first attempted to deflect a question about the White House's criticism of Fox News, saying "the American people are a lot more interested in what we're doing to create jobs or how we're handling the situation in Afghanistan."

The interviewer then pressed, noting that Obama's advisers have targeted the network openly...