Late night hosts feign shock that Trump and Rudy Giuliani are in hot water for various fraud allegations

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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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.