Stewart mocked media coverage of the inauguration — from ABC's George Stephanopoulos mistaking NBA star Bill Russell as Morgan Freeman to the focus on the "main event": Michelle Obama's new haircut.
"Ah, yes. It's a new haircut, and it is difficult to pull off something fun and flirty — and yet, age appropriate," Stewart said.
Stewart then covered Obama's speech, saying it confirmed that "just as feared, the President came out as a liberal." He brought on correspondents Jessica Williams and Al Madrigal for analysis — who only wanted to talk about their own new "b-b-b-bangs."
Watch the clips below, courtesy of Comedy Central: