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Joe Biden told Stephen Colbert on CBS' "The Late Show" on Thursday that he still doesn't know who he will pick as his running mate, but acknowledged that a "very invasive process" of vetting is now underway.

The big picture: Biden told Colbert that his campaign already reached out to "a preliminary list of people" — and a team of lawyers will begin examining "every vote they've taken ... everything from their financial statements to their health circumstances."

  • But he said that he still doesn't know who it'll ultimately be: "I honest to God don't know who. I promise you right now."
  • The former vice president committed earlier this year to selecting a woman as his running mate.

Asked if he will investigate the Trump administration as president, Biden said, "I will appoint an inspector general to take a look at where every single dollar in the stimulus package and whatever recovery occurs, if it does, between now and January. ... I think there’s too many cozy relationships out there.”

  • "In terms of having the Justice Department go look at an individual or whatever, the Justice Department is not my lawyer. This Justice Department has turned into the president’s private lawyer. He is, or she is, the people’s lawyer — the people’s lawyer — not answerable to the president saying, 'I want you to investigate so-and-so.'"
  • "There hasn’t been a public expression from the top of that grief, which helps guide the country’s soul in times of crisis like this. And it’s not just for the irreparable loss of lives but the economic loss, the insecurity, worry about the future, the loss of a normal national state."

Go deeper: Joe Biden's secret governing plan

Go deeper

Aug 29, 2020 - Politics & Policy

What's next for Joe Biden after Democratic National Convention

Photo illustration: Aïda Amer/Axios; Photo: Win McNamee/Getty Images

Joe Biden’s calculation is clear: he wants to scare the hell out of America about four more years of President Trump and keep the camera, focus and media trained on his opponent, not himself.

Why it matters: Biden said this week he plans a partial return to the road after Labor Day, with targeted visits to swing states — but strictly within the guidelines of safe crowd sizes, social distancing and guidance from scientists and public health officials.

“You blew it”: GOP activist turns on corporations over vaccine mandates

The chairman of the American Conservative Union said on "Axios on HBO" he accepts "Joe Biden is my president, and I want him to succeed," but predicted Republicans retake the House and Senate in 2022 — with greater than 50% odds Donald Trump runs in 2024.

The big picture: In a joint interview with his wife, Mercedes, Matt Schlapp also refused to share their vaccination status. And he told corporate America "you blew it" by embracing vaccine mandates and liberal social stances that have alienated GOP voters and politicians.

38 mins ago - Politics & Policy

Pelosi expects “billionaire’s tax” to pay for Biden social spending

Photo: Yasin Ozturk/Anadolu Agency via Getty Images

House Speaker Nancy Pelosi (D-Calif.) said Sunday she expects the chamber to pass the bipartisan infrastructure plan by week’s end, and alternatives to corporate tax hikes and a “billionaires tax” will be used to finance President Biden’s promised expansion to the social safety net.

Why it matters: Pelosi’s comments come as House and Senate leaders try to wrap up a deal. What will get cut — and how the remainder will be paid — are linchpins to a final agreement.