On July 17, CBS News announced it will cancel "The Late Show With Stephen Colbert " in May 2026, in what was described as a purely financial decision unrelated to the show's content. President Donald Trump - whom Colbert frequently skewers in monologues - quickly weighed in on the decision.

Stephen Colbert shares a pointed message after President Trump celebrated CBS's stunning decision to end 'The Late Show.' Late-night hosts Jon Stewart, John Oliver and others rally behind Colbert.

Stephen Colbert took aim at Donald Trump's gloating over his show's cancellation in his "Late Show" monologue.