The Obama Administration is closely watching the developments in Egypt.
The president released a statement urging the Egyptian people to be responsible for determining the country's future.
His statement read in part: “I now call on the Egyptian military to move quickly and responsibly to return full authority back to a democratically elected civilian government as soon as possible...”
CNN's Athena Jones is covering the implications of that live in Washington.
Morsy was Egypt's first democratically elected president, “and this administration has stressed the importance of the democratic process in Egypt,” she reports.
“What's notable here in the president’s statement is, he did not say the democratically elected government, but a democratically elected one, which doesn't mean Morsy's government.”
The president also refrained from calling the situation in Egypt a coup. Jones explains the legal reasons.
Follow along on CNN.com as the story develops.