"I think only good things will come from it," he said of President Obama's term. "I couldn't be more excited that he is the President."
Hanks was not only invited to the Presidential Inauguration last month, he had the privilege of participating in the ceremony by reading a historical passage.
Hollyscoop caught up with the actor/producer at the Saks Fifth Avenue "Unforgettable Evening" Benefiting EIF's Women's Cancer Research Fund to get his opinion on the state of the economy post inauguration.
"We are trying to do our part to get by. We are the luckiest people in the world. There are the people in your community who are struggling and everybody is trying to get by.
"And when your local bookstore, sporting good store, and your local restaurants are starting to shut down and are unable to make there rent that's when you know the economy has to change," he told Hollyscoop.com exclusively.
Tom publicly endorsed Obama in a funny webisode back in May. "I'm Tom Hanks," Tom Hanks says directly into the camera in what looks like someone's den, "And I want Barack Obama to be the next president of our country. As an official celebrity, I know my endorsement has just made your mind up for you."
We can't say for sure if his endorsement made that big of a difference (After all, Obama has become a celebrity in his own right), but we're sure Obama appreciated his support.
While we all anxiously wait for the change that we’re hoping is on the way, we’ll leave you with a fun tidbit about the actor: Did you guys know Tom shares a biological lineage to Abraham Lincoln through his mother, Nancy Hanks? Who knew!?