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House Intelligence Chairman Adam Schiff and Attorney General Bill Barr. Photos: Getty Images

The Justice Department told House Intelligence Chairman Adam Schiff (D-Calif.) that it would be willing to provide his committee with some of the Mueller report's counterintelligence materials he requested if he backs off his threat to take "enforcement action" against Attorney General Bill Barr, according to a letter obtained by CNN.

"As we have previously stated, in recognition of the Committee's interest in
counterintelligence and foreign intelligence matters, the Department is willing to expedite access to the prioritized information identified by the Committee, provided that the Committee confirms today that it will not pursue any vote on an enforcement action, either on May 22, or while such good-faith accommodation measures continue."

The backdrop: Earlier this month, the committee issued a bipartisan subpoena for "all counterintelligence and foreign intelligence materials in the probe, the full report, and underlying evidence." The Justice Department called the subpoena "overbroad and unworkable," but — after Schiff told reporters he would hold a business meeting on Wednesday to take an unspecified "enforcement action" against Barr — now says it would be willing to "move forward with efforts to accommodate the Committee's legitimate interests in this area."

Go deeper

2021 economy boomed at fastest rate in 37 years

Source: Bureau of Economic Analysis

The U.S. economy surged ahead with a 6.9% annual growth rate in the final months of 2021 and achieved the strongest growth over an entire calendar year since 1984.

Driving the news: New GDP numbers from the Commerce Department show a remarkable acceleration in economic activity, much faster than the 5.3% growth rate analysts expected.

The Fed isn't the only problem investors are worried about

Illustration: Aïda Amer/Axios

The Federal Reserve will be raising rates, just as the economy is slowing. The markets hate that.

Why it matters: The ugly start to the stock trading year doesn't just reflect Fed-induced agita — investors are also worried about a growth slowdown.

4 hours ago - Health

White House says Obamacare sign-ups hit record

Health and Human Services Secretary Xavier Becerra speaking in the White House in December 2021. Photo: Jim Watson/AFP via Getty Images

The White House said Thursday that a record 14.5 million Americans have signed up for health insurance through Obamacare marketplaces since Nov. 1, including more than 10 million enrollments through HealthCare.gov.

Why it matters: Last year's stimulus bill contained substantial investments in the program, including increased subsidies for people who don't receive health insurance from an employer or through Medicare or Medicaid.