Former U.S. President Barack Obama appeared on The Late Show with Stephen Colbert in a pre-taped interview recorded at the Obama Presidential Center in Chicago. During the exchange, Stephen Colbert joked he was "looking for a new gig soon" and that "a lot of people tell me I should run for president." Obama replied that he "had the look." When asked how seriously to take those suggestions, Obama said, "The bar has changed." He added with a chuckle, "Let me put it this way, I think that you could perform significantly better than some folks that we've seen.