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Trump’s Gas Prices Cold Open - SNL

This SNL Cold Open parodies President Trump (James Austin Johnson) and Pete Hegseth (Colin Jost) addressing high gas prices. Here are the...

Wednesday, May 6, 2026

Presidential Fitness | Hegseth's Bubble | Trump's War Is Bad For Business | Met Gala's Wild Looks


In this episode of The Late Show, Stephen Colbert provides a satirical look at current events, ranging from political tension to the spectacle of the Met Gala.

Key Highlights:

  • Cinco de Mayo & Taco Tuesday: Stephen kicks off the show by acknowledging the holiday and the festive deals available at Taco Bell and 7-Eleven (0:00-0:58).
  • The War in Iran: Stephen touches on the ongoing tensions in the Strait of Hormuz, noting its impact on global shipping and his parent corporation's business interests (1:02-2:51).
  • Presidential Fitness: He parodies President Trump's return of the Presidential Fitness Test, which was announced to a group of children at the White House (2:52-4:40).
  • Hegseth’s Bubble: Stephen addresses comments by Pete Hegseth regarding the military's plan to protect shipping lanes, including a humorous segment on "kamikaze dolphins" (4:41-6:05).
  • Economic Impact: He discusses how the war is affecting various businesses, specifically mentioning Domino's sales and Delta's service cuts due to fuel prices (6:06-7:16).
  • The Met Gala: Finally, Stephen reviews the "wild looks" from this year's Met Gala, featuring celebrities like Katy PerryBad Bunny, and Cardi B (7:17-8:54).

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