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President Obama is praising the University of Oklahoma's swift action to condemn a video containing racist chants by the school's Sigma Alpha Epsilon chapter last week

"I don't think this is the first time that somebody at a fraternity has done something stupid, racist, sexist. It won't be the last," Obama said. "What was heartening was the quick response from [the University of Oklahoma] President Boren, somebody who I know well and I know who has great integrity."

Following the release of the video, the Oklahoma chapter was shut down by the SAE national organization. The following day, Boren described the action as "disgraceful" and had the members evacuated from their  house. 

"Frankly, 30 years ago or 40 years, there might have been a different reaction and more tolerance for that kind of racist chant," Obama said. 

Read more at The Huffington Post. 

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