Not everything CBS’s Stephen Colbert does for The Late Show makes it to air. Some material is only revealed 10 years later, and some gets puts on YouTube. The latter was the case on Tuesday, as Colbert welcomed The Daily Show’s Monday host Jon Stewart to antepenultimate episode of the show. As the duo were discussing how Stewart is the last one standing at Paramount in terms of late night shows, Stewart made the incredulous assertion that Colbert’s politics are only a “minute portion” of his show and urged the audience to look forward to the joy they will have when “this putrid administration” ends. Colbert began, “So you now, sir, as I leave, the CBS family, the Paramount Skydance family, you now are the only person in the corporation left in late night. Good luck. You are. There used to be more of us. Now it’s you—”   In a YouTube extended portion of his interview with Stephen Colbert, Jon Stewart claims it is "a ridiculous framing" to view the late night shows as Trump opposition, yet he urges the audience to "Close your eyes and dream. The day that the electorate in this great nation we call… pic.twitter.com/TcWb1EzZ4Y — Alex Christy (@alexchristy17) May 20, 2026   After Stewart interrupted to claim, “That’s chilling,” Colbert continued, “on Monday, this coming Monday, you're going to be the only one in late night for the CBS Paramount Skydance Corporation, and I am happy for you.” Stewart then launched into his ode to his former Comedy Central colleague, “Here's the only saving grace that I think that I have is that I don't think Trump has cable. I really think it's a network thing. I don't think it's basic cable, but let me tell you something, and I truly mean this. And what upsets me about this situation is that, first of all, you're just a tremendous human and one of my favorite people. So that's—but second of all, that—you're—I've seen your talents from Exit 57 to, you know, to Strangers with Candy, to writing—he can do whatever he wants to do. But the ubiquitous bloviating of the commander-in-chief has put us all as defined as who we are in opposition to him.” According to Stewart, the idea the comedy shows have come to be defined as Trump critics is “just a ridiculous framing. It's a minute portion of the joy machine that you call your show. And it's annoying. And let me say this.” However, Stewart then undermined his point by attacking the administration in nasty terms, “I mean this from the bottom of my heart, not just for this show, but for the country. The day. The day. Oh, people. Close your eyes and dream. The day that the electorate in this great nation we call home repudiates this putrid administration, the day that that happens. My brother, my brother, there will be—and I mean this. The day that that happens, there will be a joyful noise from the bowels of this great country that will make Hungary's repudiation of Orban look like an Amish Sabbath.” Colbert’s politics simply aren’t a “minute portion” of the show. They are the main attraction, and even liberals know this which is why people other than Stewart are acting like they are losing a leader of The Resistance or that Colbert is a free speech martyr. The fact that The Daily Show is also a Paramount property and was promoting communism as recently as last week is just ignored. Here is a transcript for the May 19 show: YouTube/CBS The Late Show with Stephen Colbert 5/19/2026 STEPHEN COLBERT: So you now, sir, as I leave, the CBS family, the Paramount Skydance family, you now are the only person in the corporation left in late night. Good luck. You are. There used to be more of us. Now it’s you— JON STEWART: That’s chilling. COLBERT: — on Monday, this coming Monday, you're going to be the only one in late night for the CBS Paramount Skydance Corporation, and I am happy for you. STEWART: Here's the only saving grace that I think that I have is that I don't think Trump has cable. I really think— COLBERT: I noticed that.  I noticed that. STEWART: —It's a network thing. I don't think it's basic cable, but let me tell you something, and I truly mean this. And what upsets me about this situation is that, first of all, you're just a tremendous human and one of my favorite people. So that's—but second of all, that—you're—I've seen your talents from Exit 57 to, you know— COLBERT: You saw my talents in Exit 57! STEWART: —to Strangers with Candy, to writing—he can do whatever he wants to do. But the ubiquitous bloviating of the commander-in-chief has put us all as defined as who we are in opposition to him. COLBERT: That's right, yeah. STEWART: And it's just a ridiculous framing. It's a minute portion of the joy machine that you call your show. And it's annoying. And let me say this. And I mean this from the bottom of my heart, not just for this show, but for the country. The day. The day. Oh, people. Close your eyes and dream. The day that the electorate in this great nation we call home repudiates this putrid administration, the day that that happens. My brother, my brother, there will be—and I mean this. The day that that happens, there will be a joyful noise from the bowels of this great country that will make Hungary's repudiation of Orban look like an Amish Sabbath.