"The idea of paying a billion dollars to obey Donald Trump seems a little steep. After all, CBS got to do it for just $16 million."

"The Late Show with Stephen Colbert," which CBS announced in July would end in 10 months' time, has finally set a final air date.

The final episode of the late-night show will air on May 21, per reports

Stephen Colbert's Monday "Late Show" monologue featured a joke about oil company ExxonMobil that provoked loud groans from his studio audience. Colbert first kicked things off by informing his viewers of the Trump administration's new criminal investigation into Federal Reserve Chair Jerome Powell.

Colbert threw shade saying that $1bn to obey Trump seems a lot after all, CBS got to do it for just $16 million

The late night kingpin reportedly broke the news during Monday’s taping of “Late Night With Seth Meyers” that the long-running “Late Show with Stephen Colbert” will air its series finale on May 21.

The “Late Show” host spotted an awkward moment in an interview, where the president addressed questions about his health.

During Monday's episode of "The Tonight Show," Colbert tore into ICE and the Trump administration, arguing that videos of the shooting "appear to contradict federal accounts" of the shooting by Border Patrol, which Colbert appeared to conflate with ICE in his remarks.