“The Late Show” channeled Chappell Roan to spoof a new exclusive club for GOP bigwigs and moguls co-founded by Donald Trump Jr. (Watch the video below.)

The Late Show with Stephen Colbert took aim at the new exclusive club for GOP bigwigs and moguls, Executive Branch, co-founded by Donald Trump Jr.

The club, which was recently featured in Axios, is set to open in Washington, D.C., charging a membership fee of $500,000 and promising “a sumptuous retreat for rubbing shoulders with cabinet members and West Wing officials, with no danger of running into reporters or Democrats.”

Naturally, the variety show channeled singer Chappell Roan for its own version of the singer’s viral “Pink Pony Club” anthem. But instead of the fictional bar in West Hollywood, it’s the Trump Crony Club.

“I heard Don’s opening a spot, where billionaires can talk about their favorite type of yacht,” a singer who sounds like Roan begins. “It costs half a million to join, for food they offer Trump steaks ― each cut costs one Trump meme coin. It will be quite the scene, Elon on ketamine, word is their first member is the ghost of Epstein, insider trading tips from Marjorie Taylor Greene, they said they’d drain the swamp, they just renamed it the Trump Crony Club ... On the turntables they got DJ Beelzebub, it’s Junior’s vision so there’ll be a cocaine-filled tub, Trump Crony Club.”