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Former President Trump. Photo: Sean Rayford/Getty Images

The Jan. 6 select committee on Thursday asked the Supreme Court to reject former President Trump's request to block the release of documents and records from his administration.

Why it matters: The House panel's request comes after the former president asked the Supreme Court to block the committee's effort to obtain White House records related to the deadly Capitol riot.

  • Trump's legal team in a filing Wednesday accused the select committee of seeking to uncover evidence that would support a criminal referral against him, adding that such action is “outside of any of Congress’s legislative powers.”

What they're saying: "Although the facts are unprecedented, this case is not a difficult one," the House committee said in the court filing.

  • Trump "attempts to overturn the current President’s reasonable determination that the Select Committee is entitled to three tranches of Presidential records responsive to its request," it continued.
  • "To the extent any novel questions linger in the background, this case would be a poor vehicle to address them. This Court’s review is unwarranted, and [Trump's] petition ... should be denied."

Worth noting: Earlier this week, the committee deferred requests for some of the Trump administration's records at the request of the White House.

Go deeper

Avenatti names Trump in $94M claim alleging harsh jail treatment

Lawyer Michael Avenatti outside federal court in Santa Ana, Calif., last July. Photo: Kyle Grillot/Bloomberg via Getty Images

Michael Avenatti alleges in a new filing with the Federal Bureau of Prisons that he endured "brutal" jail conditions in "retaliation" for criticizing former President Trump and former Attorney General Bill Barr.

Why it matters: Avenatti, who gained notoriety as adult film actress Stormy Daniels' lawyer in lawsuits against former President Trump and was later convicted in a Nike extortion case, is seeking $94 million in damages, per Law & Crime. Barr told the New York Times Avenatti's claims were "ridiculous."

Europe's energy reliance on Russia is a crucial shield for Putin

Photo: Pavel Bednyakov/Sputnik/AFP via Getty Images

Cracks in the NATO alliance regarding sanctions for Russia should President Vladimir Putin order troops into Ukraine are in large part based on energy supply concerns.

Why it matters: Russia holds tremendous leverage over some European countries because it provides roughly 40% of Europe's natural gas supply. In Germany, this figure is greater than 50%.

Why the Fed might want to jolt the markets

Fed chair Jerome Powell at a hearing earlier this month. Photo: Brendan Smialowski-Pool/Getty Images

So far, financial markets are cooperating nicely with the Federal Reserve's efforts to restrain inflation. They're doing the Fed's work for it by creating tighter financial conditions, in a distinctly non-panicky way.

  • But as the central bank's policymakers meet this week, an underlying question they face is whether the adjustment is happening too slowly.