AP

Trump to TIME: "You see a no-talent guy like Colbert. There's nothing funny about what he says. And what he says is filthy. And you have kids watching. And it only builds up my base. It only helps me, people like him. The guy was dying. By the way they were going to take him off television, then he started attacking me and he started doing better. But his show was dying. I've done his show…But when I did his show, which by the way was very highly rated. It was high — highest rating. The highest rating he's ever had."

Stephen Colbert on last night's show: "The President of the United States has personally come after me and my show. And there's only one thing to say: He-he-he-he! Yaaaay! Yaaaay!" Audience applauds, chants: "Ste-phen! Ste-phen!"

"Mr. Trump, there's a lot you don't understand. But I never thought one of those things would be show business. Don't you know? I've been trying for a year to get you to say my name...I won!"

Go deeper

CEO confidence rises for the first time in over 2 years

Data: Business Roundtable; Chart: Naema Ahmed/Axios

A closely-watched CEO economic confidence index rose for the first time after declining for nine straight quarters, according to a survey of 150 chief executives of the biggest U.S. companies by trade group Business Roundtable.

Why it matters: The index, which still remains at a decade low, reflects corporate America's expectations for sales, hiring and spending — which plummeted amid uncertainty when the pandemic hit.

Official says White House political appointees "commandeered" Bolton book review

John Bolton's book "The Room Where it Happened." Photo: Chris Delmas/AFP via Getty Images

A former career official at the National Security Council claims her pre-publication review of former national security adviser John Bolton's explosive book on President Trump was "commandeered by political appointees for a seemingly political purpose," according to a letter from her lawyers filed in court on Tuesday.

Why it matters: The White House fought against the publication of Bolton's book for most of the year on the grounds that it contained harmful and "significant amounts of classified information."

House Democrats unveil sweeping reforms package to curtail presidential abuses

House Speaker Nancy Pelosi. Photo by Stefani Reynolds/Getty Images

House Democrats on Wednesday unveiled sweeping legislation aimed at preventing presidential abuse and corruption, strengthening transparency and accountability, and protecting elections from foreign interference.

Why it matters: While the bill has practically no chance of becoming law while Trump is in office and Republicans hold the Senate, it's a pre-election message from Democrats on how they plan to govern should Trump lose in November. It also gives Democratic members an anti-corruption platform to run on in the weeks before the election.

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