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Photo: Cheriss May / NurPhoto via Getty Images

The classified memo written by the House Intelligence Committee is expected to be released soon, White House chief of staff John Kelly said in an interview with Fox News Radio on Wednesday. He added that he has seen the four-page document, and White House lawyers are currently going through it.

Why it matters: Several Republicans have been pushing for the memo's release, claiming that it contains evidence that the FBI and Justice Department are biased against President Trump. Meanwhile, Democrats argue that the memo is a tool to further undermine the FBI and Robert Mueller's Russia investigation.

"It will be released here pretty quick, I think, and then the whole world can see it."
— John Kelly on Fox News Radio

FBI Director Christopher Wray has also read the memo, and has urged the White House not to release it to the public, sources told Bloomberg, because it "contains inaccurate information and paints a false narrative."

Timing: Last night after the State of the Union address, TV cameras caught President Trump telling Rep. Jeff Duncan that he "100 percent" supports releasing the memo.

Go deeper

30 mins ago - World

Netanyahu campaigns against Biden's plan to save Iran deal

Netanyahu campaigns at a gym last month. Photo: Pool/AFP via Getty

Israeli Prime Minister Benjamin Netanyahu indirectly criticized the Biden administration for its intention to return to the Iran nuclear deal and told his supporters he was prepared to "stand against the entire world" to stop it.

Why it matters: This is a major change of tune for Netanyahu, who had been careful in his statements on the Iran deal and avoided publicly criticizing President Biden. The statement was part of Netanyahu's attempt to rally his base ahead of Israel's election on March 23.

Updated 53 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Tech: "Fludemic" model accurately maps COVID hotspotsVirtual doctor's visits and digital health tools take off.
  2. Politics: Schumer says Senate will stay through weekend to vote on COVID relief — Republican governor of West Virginia says there's no plan to lift mask mandate.
  3. World: Canada vaccine panel recommends 4 months between doses.
  4. Business: Firms develop new ways to inoculate the public.
  5. Local: Ultra-rich Florida community got vaccinations in January.
Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Why fears of a SPAC bubble may be overblown

Illustration: Annelise Capossela/Axios

The SPAC surge continues unabated, with 10 new ones formed since Wednesday morning. And that's OK.

Between the lines: There are growing concerns that retail investors are about to get rolled, with smart sponsors taking advantage of dumb money.