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White House acting Chief of Staff Mick Mulvaney. Photo: Saul Loeb / AFP via Getty Images

The House committees investigating President Trump and Ukraine issued a subpoena Thursday night for acting White House Chief of Staff Mick Mulvaney to testify on Friday morning as part of their impeachment inquiry, two sources familiar tell Axios.

Why it matters: Mulvaney is the highest-ranking White House official to be subpoenaed yet, and the midnight-hour move suggests the committees are reaching into the final phase of their private investigation as they prepare to take their inquiry public next week.

  • The committees first subpoenaed Mulvaney to turn over documents in October, but subpoenaing him to appear for a hearing is a further escalation, and signals the committees are determined to hear him describe firsthand his role in the Ukraine saga.

Background: Several current and former Trump administration officials have told House investigators that Mulvaney carried out Trump’s directive to suspend $400 million in security assistance to Ukraine.

  • An official working on the impeachment inquiry, emphasized Mulvaney's Oct. 17 press briefing, during which he said the Trump administration froze military aid to pressure Ukraine to open a political investigation, as a reason for the subpoena. Mulvaney later walked those comments back.
  • "Other testimony during this inquiry also has indicated that Mr. Mulvaney could shed additional light on the President’s abuse of the power of his office for his personal gain," the official added. 

The bottom line: It’s likely that Trump will exert executive privilege over his conversations with Mulvaney and argue that he has absolute immunity from complying with Congress’ requests — as he has done with other White House officials, such as Mulvaney aide Rob Blair and former deputy national security adviser Charles Kupperman.

  • Both Blair and Kupperman are waiting for the courts to determine whether they should comply with congressional subpoenas or White House orders blocking them from appearing.
  • The official working on the inquiry told Axios that Mulvaney "has the opportunity to uphold his oath to the nation and constitution by testifying tomorrow. We hope Mr. Mulvaney does not hide behind the President’s ongoing efforts to conceal the truth obstruct our investigation."

Go deeper:

Go deeper

31 mins ago - Technology

Exclusive: Facebook's blackout didn't dent political ad reach

Photo: Valera Golovniov/SOPA Images/LightRocket via Getty Images

Americans saw more political ads on Facebook in the week before the 2020 election than they did the prior week despite the company's blackout on new political ads during that period, according to Global Witness, a human rights group that espouses tech regulation.

Why it matters: The presidential election was a key stress test for Facebook and other leading online platforms looking to prove that they can curb misinformation. Critics contend measures like the ad blackout barely made a dent.

Wall Street wonders how bad it has to get

Illustration: Aïda Amer/Axios

Wall Street is working out how bad the economy will have to get for Congress to feel motivated to move on economic support.

Why it matters: A pre-Thanksgiving data dump showed more evidence of a floundering economic recovery. But the slow drip of crumbling economic data may not be enough to push Washington past a gridlock to halt the economic backslide.

2 hours ago - Health

Moderna to file for FDA emergency use authorization for COVID-19 vaccine

Photo illustration by STR/NurPhoto via Getty Images

Moderna announced that it plans to file with the FDA Monday for an emergency use authorization for its coronavirus vaccine, which the company said has an efficacy rate of 94.1%.

Why it matters: Moderna will become the second company to file for a vaccine EUA after Pfizer did the same earlier this month, potentially paving the way for the U.S. to have two COVID-19 vaccines in distribution by the end of the year. The company said its vaccine has a 100% efficacy rate against severe COVID cases.