WATCH LIVE: Pres. Obama speaks on beheading of US journalist - NBC12 - WWBT - Richmond, VA News On Your Side

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WATCH LIVE: Pres. Obama speaks on beheading of US journalist in Iraq

James Wright Foley is shown shortly before his execution at the hands of ISIS extremists. (Source: ISIS/CNN) James Wright Foley is shown shortly before his execution at the hands of ISIS extremists. (Source: ISIS/CNN)
WASHINGTON, D.C. (WWBT) -

President Barack Obama will deliver a statement at 12:45 p.m. regarding the release of a video showing ISIS extremists beheading American journalist James Wright Foley.

Click here to WATCH LIVE on mobile: http://nbc12.com/live

The video released Tuesday shows Foley giving a prepared statement blaming the president's authorization of air strikes in Iraq for his own death. Foley was executed shortly afterward.

U.S. intelligence confirmed the authenticity of the video, according to the White House.

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