President Barack Obama said Monday he is well within his executive authority to introduce new executive actions to combat the wave of gun violence around the country. The president met with Attorney General Loretta Lynch Monday to discuss his options for creating stricter gun laws, and he will hold a town hall on the topic Thursday.

“This is not going to solve every violent crime in this country,” Obama said Monday after his meeting with Lynch. "It’s not going to prevent every mass shooting."

But he added: “It will potentially save lives in this country and spare families the pain and extraordinary loss” they experience when they lose loved ones to gun violence.

The president added that his actions would be “entirely consistent with the Second Amendment.”