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Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.

Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.

On the Next Episode of The Lead

A look at Obama's immigration plan. Plus, how long Takata knew of problems with its airbags.

A look at Obama's immigration plan. Plus, how long Takata knew of problems with its airbags.

April 10th, 2014
10:40 PM ET

Stephen Colbert to take over for Letterman

(CNN) – It's only been a week since David Letterman announced he was leaving "The Late Show" on CBS.

We in the media were looking forward to months of endless, baseless speculation about who would replace the late night legend. But CBS had to go and short-circuit all of that, announcing Stephen Colbert will take over when Letterman leaves sometime next year.

Many viewers only know "Stephen Colbert" the fake news pundit who hosts comedy central's "The Colbert Report."

Colbert tells The New York Times he will drop his protective force field of irony for the new gig.

I sat down with Stephen Colbert some time ago, and reminded him that I was actually with him the last he got career-redefining news.

Good thing he didn't listen to me.

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