President Biden was inaugurated one year ago Thursday, and "to mark the occasion, for some reason he held a press conference today," Stephen Colbert said on Wednesday's Late Show. "Then again, he's 79, I guess he's always going to go for the early bird special."
Meanwhile, New York Attorney General Letitia James announced "her office has uncovered significant evidence that the former president fraudulently valued multiple assets," including claiming his 11,000-square-foot penthouse was 30,000 square feet, Colbert said. "That's not surprise, he's known for falsely tripling the size of his assets."
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