Bill Clinton Says Foundation 'Has to Be Totally out of Politics' If Hillary Wins

— -- Former President Bill Clinton said that the Clinton Foundation -- which has come under fire during the election cycle -- "has to be totally out of politics" if his wife is elected president in November.

In a wide-ranging interview on "The Daily Show," the president took on a more sentimental tone and expressed why he believed the foundation would undergo fundamental changes.

“It has to be totally out of politics,” said Clinton about his foundation. “And if Hillary becomes president it has to be at arms length. I can’t be involved in it at all.”

The Clinton Health Access Initiative (CHAI), the largest arm of the Clinton Foundation, announced changes it would make if Hillary Clinton became president in November. Both Bill Clinton and Chelsea Clinton would step down from the board and the organization would become “completely independent” and will no longer use the Clinton, CHAI announced in a statement on Wednesday.

The former president made his 10th appearance the comedy show today, but this was his first time sitting across from new host, Trevor Noah.

“I watch you,” said Clinton as he sat across Noah. “I am one of your older demographics.”

“Oh I thought you were 18-34,” Noah quipped.

“I don’t even think that when I look in the mirror,” quipped Clinton, taking a slight jab at Donald Trump who earlier today told Dr. Oz that he saw himself as 35-years-old when he looked in the mirror. Both President Clinton and Trump are 70.

Clinton made the appearance primarily to plug the upcoming and final Clinton Global Initiative meeting, which will be held next week in New York City.

Friends and aides to the president have said that the idea of giving up his foundation in the event that Hillary Clinton becomes president is deeply personal.

The president said he is confident that his wife would become the next commander-in-chief. “Most of her strongest supporters are people who have worked for her or have done business with him. They’re for her too!” exclaimed the former president.

Before wrapping, host Noah said he wondered what to get a former president as a gift and after much thought, he concluded with balloons. And on cue, red, white and blue balloons showered Clinton and Noah, prompting a hearty laugh from the former president. Clinton grabbed one of the balloons and gave a shout. Photos of President Clinton gleefully playing with balloons at the Democratic National Convention went viral in July, and he gave one of those balloons to his granddaughter Charlotte.

“At the convention they had to hook me off the stage,” laughed Clinton. “I really am in my second childhood.”