Megyn Kelly previews Bill O'Reilly's Obama interview

This is a rush transcript from "The Kelly File," January 2, 2014. This copy may not be in its final form and may be updated.

MEGYN KELLY, HOST: Well, tonight, a preview of Bill O'Reilly's upcoming Super Bowl interview with President Obama this Sunday. Earlier I spoke with Mr. Bill, host of "The Factor."


KELLY: O'Reilly.

BILL O'REILLY, HOST, "THE O'REILLY FACTOR": Yes, you were just on my program.

KELLY: This is so weird.

O'REILLY: This is strange.

KELLY: I'm still sitting on your set, but now I'm interviewer and you're the interviewee.

O'REILLY: Be gentle.

KELLY: I may or may not give you the last word.

O'REILLY: All right.

KELLY: This is actually a big deal, even for you, even for Mr. Bill O'Reilly it's a big deal. Are you a little nervous?


KELLY: Come on.

O'REILLY: I'm not.

KELLY: I don't believe you. You know why? Sometimes I see you going out on Letterman. I know you, I see just a hint of nerves. So I can't even imagine interviewing the president of the United States there isn't a little.

O'REILLY: You're probably seeing indigestion, but not nerves. I can't even remember the last time I got nervous, ever. I'm just not a nervous guy.

KELLY: It's like a 100 million people are going to be watching the Super Bowl.

O'REILLY: I don't care, that is why I am not nervous. I don't care. I know what I want to do and I know the questions I'm going to ask. Not all of them. Still formulating, OK? But I know where I want to go. The difficulty is time.

KELLY: How many minutes you get?

O'REILLY: I don't know exactly, but I have to deal with Fox Sports, I got to deal with the White House and I got to deal with a lot of things I can't control. This program that I do, "The Factor" I can control, you know, time and everything like that. I can't.

KELLY: He doesn't want to come in here.


KELLY: President Obama. He is not going to come here in "The Factor" studios.

O'REILLY: No, no, he is not a bad guy, I think people misread him. However, my interview this time is going to be very precise. Not philosophical, alright?

KELLY: You did a little philosophy, you know --

O'REILLY: He has a five-year record, and I want to clear up a lot of things that are confusing. I will probably be able to clear up three in the time I have. But remember, there's going to be a taped interview afterward that we'll show on Monday's "Factor." But no. Nervous impedes my ability. I don't want to even think about that.

KELLY: Well, it impedes everybody's ability. But sometimes we can't help it. Like before I come on "The O'Reilly Factor" on Thursday nights, I sit in the green room... no, I don't.

O'REILLY: But you're an emotional mess, I'm a rock.

KELLY: Let me ask you this. I want to talk about the dynamics of the interview. Where does it take place, exactly?

O'REILLY: You know whatever room he wants, the red room, the green room, whatever the White House wants.

KELLY: You walk in first or he walks in first?

O'REILLY: Oh, yes.

KELLY: After you, you're all settled.

O'REILLY: Always the lesser being walks in first, and that's me. That's me.

KELLY: Interesting, because on your show, you walk in first, I walk in second. I'm just stating it for the record.

O'REILLY: The lesser being always walks in first.

KELLY: So put down your pen, there is a power brokerage thing that happens in the hand shake.

O'REILLY: An eye contact handshake.

KELLY: But men tend to do like -- arm grab.

O'REILLY: No, there's no grabbing.


O'REILLY: No, I'm not a grabber or a hugger, as you knows. I don't grab or hug. A firm hand shake, there is eye contact, and it is like a boxing match. When the two boxers go into the center of the ring, that is exactly the way it is when an alpha interviews an alpha. It is a boxing match, OK? You look at them and go, "OK the bell is going to ring," --

KELLY: It's on.

O'REILLY: -- "let's go."

KELLY: How do you stop them -- I know you've talked about this. How do you stop them from going on and on. I know you like to interrupt, but it's the president of the United States.

O'REILLY: I will interrupt the president, I did last time and I will again if I have to. But my questions are going to be so direct this time that I am hoping I don't have to do that.

KELLY: But you know he likes to start back and give you a little history.

O'REILLY: No, no, no, these questions are not going to be starting anywhere. It is going to be, "This happened" -- and I'll say what happened so the audience knows -- "What did you do?" Not, "What did you think? How did you feel?" Not any of the Barbara Walters questions.

KELLY: You know there are people writing pieces to the president about how to handle you, saying he should flatter you because you respond to flattery.

O'REILLY: I saw that. That piece was written by an avowed far left guy, who despises the fact that I'm even getting the interview.

KELLY: It is true, you like to be flattered. But who doesn't?

O'REILLY: Where did that come from? I don't think you have ever flattered me in your life.

KELLY: Depends on what angle I'm pushing.

O'REILLY: What separates me from a lot of other human beings, I really don't care about that external stuff.

KELLY: Do you want to be liked by the president?

O'REILLY: No, why would I want to be liked by the president?

KELLY: Because you meet him in person -- I don't care who you are, what your politics are, it is the president of the United States.

O'REILLY: Why would I want him to like me? I want him to respect the work that we do, but like me? No one likes me, why should he be different?

KELLY: All right, when can they tune in and see it exactly?

O'REILLY: At 4:30 or, 4:33, depending on the bloviating sports guys. And they'll hit us real fast, and we'll go. I mean, it's not going to be a lot of --

KELLY: And then Monday night on "The Factor," part 2.

O'REILLY: And then you'll see the taped interview, which is more extensive. Now, there might be a little, you know, more bloviating in there. But I think it will be fascinating, I really do, because I know what I want to ask him about.

KELLY: And the best part will be 9:00 p.m. on Monday night after Bill's interview is over, when we get to come on an analyze what you did.

O'REILLY: And you will scorch me. And there will be one question from a "Factor" viewer, and I've already selected it, and it is really a good question. I'll mention the name, too, to the president. No hints. Tomorrow night, though, on Friday's "Factor" we'll read a bunch of questions that I feel are really good, and we'll select one.

KELLY: Looking forward to it, Bill.

O'REILLY: Alright, Megyn. Thanks for having me on.

KELLY: Good luck.


KELLY: Two alphas! I'm going to think about that every Thursday from now on when I'm on that show.

Content and Programming Copyright 2014 Fox News Network, LLC. ALL RIGHTS RESERVED. Copyright 2014 CQ-Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.