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STUDENTS.jpg

President Barack Obama greets students after he called on Congress to stop interest rates on student loans from doubling next month during a news conference in the East Room of the White House in Washington, Thursday, June 21, 2012. (AP Photo/Susan Walsh)

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President Obama speaks June 21, 2012, at the White House to call on Congress to stop interest rates on student loans from doubling on July 1. (Associated Press)

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White House press secretary Jay Carney called the House committee's probe a "fishing expedition." House Speaker John A. Boehner said the president's actions prove the White House was involved in a cover-up.

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**FILE** President Obama, with Education Secretary Arne Duncan (second from right) at his side, looks back June 21, 2012, at a group of students during a news conference at the White House as he calls on Congress to stop interest rates on student loans from doubling. (Associated Press)

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White House spokesman Jay Carney speaks June 21, 2012, during his daily news briefing at the White House. (Associated Press)

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**FILE** President Obama talks June 8, 2012, about the economy at the White House. (Associated Press)