Pavement played "Gold Soundz" off their critically-acclaimed 1994 album "Crooked Rain, Crooked Rain" on "The Colbert Report" last night (Sept. 20).
Video: Pavement on "The Colbert Report"
Before the performance, lead singer Stephen Malkmus chopped it up with Colbert. When asked why the band decided to reunite after an 11-year hiatus, Malkmus replied matter-of-factly, "Because Rock & Roll is fun," followed by the revelation that Ronald Reagan is his biggest musical influence to the surprise of the ultra-conservative Colbert.
Video: Stephen Malkmus on "Colbert Report"
The band's return to the stage will continue with four consecutive nights at the Central Park Summerstage starting tonight (Sept. 21) and another late night TV appearance on "Late Night with Jimmy Fallon" Thursday (Sept. 23).