Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Rep. Devin Nunes exits a restricted area for the House Intelligence Committee's offices. Photo: Bill Clark / CQ Roll Call

The House Intelligence Committee has released, without redactions, the classified Nunes memo on alleged FISA abuses. The release was vehemently opposed by the intelligence community, with the FBI issuing a rare public statement to express its "grave concerns about material omissions of fact that fundamentally impact the memo's accuracy."

What the memo alleges:

  • The dossier authored by former British intelligence officer Christopher Steele was "an essential part" of the FBI and the Justice Department's justification for conducting electronic surveillance of Carter Page. It also notes the dossier was funded by the DNC and Hillary Clinton's campaign.
  • Steele said he was "desperate that Donald Trump not get elected."
  • This "clear evidence of Steele's bias" wasn't reflected in any of the applications to authorize the electronic surveillance.

One more thing: The memo also says that information about Trump campaign adviser George Papadopolous "triggered the opening of an FBI counterintelligence investigation" in July 2016 by Peter Strzok, one of the FBI agents who later got in trouble for texts about Trump and Clinton.

  • Twitter is abuzz with speculation — like this tweet from David French — that this fact undercuts the memo's thesis that the Russia investigation sprung mostly from the Steele dossier.

Read the memo here:

In case the embed above is down: Here's a backup link to the memo.

From the White House: Asked by reporters at the White House this morning if the memo made him more likely to fire Deputy Attorney General Rod Rosenstein or if he still had confidence in Rosenstein, President Trump responded:

You figure that one out.

And White House Counsel Don McGahn said in a statement, "To be clear, the Memorandum reflects the judgment of its congressional authors."

  • Worth noting: Jonathan Swan reported yesterday that there was a rising worry inside the White House that the memo's contents could be a dud.

An updating compilation of reactions:

  • The FBI Agents Association: "FBI Special Agents have not, and will not, allow partisan politics to distract us from our solemn commitment to our mission."
  • Rep. Devin Nunes: "The Committee has discovered serious violations of the public trust, and the American people have a right to know when officials in crucial institutions are abusing their authority for political purposes."
  • Rep. Adam Schiff: He called the memo "a shameful effort to discredit [the DOJ and FBI], undermine the Special Counsel's ongoing investigation, and undercut congressional probes." Schiff also noted that "sources of vital information" could "dry up" for the U.S. if they know that their identity could be compromised when "political winds arise."
  • Carter Page: "The brave and assiduous oversight by Congressional leaders in discovering this unprecedented abuse of process represents a giant, historic leap in the repair of America's democracy."
  • Former FBI Director James Comey: "That’s it? Dishonest and misleading memo wrecked the House intel committee, destroyed trust with Intelligence Community, damaged relationship with FISA court, and inexcusably exposed classified investigation of an American citizen. For what? DOJ & FBI must keep doing their jobs."
  • Speaker Paul Ryan: "Amid all the political rancor, we must be able to work together to ensure the FISA system works as intended and Americans' rights are properly safeguarded. I am glad that this memo helps to provide greater transparency."
  • Rep. Nancy Pelosi: "President Trump has surrendered his constitutional responsibility as Commander-in-Chief by releasing highly classified and distorted intelligence. By not protecting intelligence sources and methods, he just sent his friend Putin a bouquet.
  • Sen. Mark Warner: "Unlike almost every House member who voted in favor of this memo's release, I have actually read the underlying documents on which the memo was based. They simply do not support its conclusions."
  • Sen. John McCain: "The latest attacks on the FBI and Department of Justice serve no American interests — no party's, no president's, only Putin's...If we continue to undermine our own rule of law, we are doing Putin's job for him."
  • Rep. Trey Gowdy: "I have been and remain confident in the overwhelming majority of the men and women serving at the FBI and DOJ ... I also remain 100 percent confident in Special Counsel Robert Mueller. The contents of this memo do not - in any way - discredit his investigation."

And as of 1:45 p.m. on the East Coast, the Dow Jones Industrial Average was down by more than 450 points. Keep an eye on it, per CNN Money.

Go deeper:

Get more stories like this by signing up for our daily morning newsletter, Axios AM. 

Go deeper

21 mins ago - Technology

New skill for Olympic athletes: cybersecurity

Illustration: Shoshana Gordon/Axios

When Olympic athletes from all over the world land in Beijing for the 2022 Olympic Games, they'll be loaded up with burner phones and will likely leave their own devices behind.

Why it matters: Athletes are headed to the Beijing Olympics with mixed guidance from their home countries about whether their personal information will be safe online and their devices will be secure.

Omicron is finally burning out

Expand chart
Data: N.Y. Times; Cartogram: Kavya Beheraj/Axios

New COVID infections are declining in the U.S. — a sign that the Omicron wave has likely peaked.

Yes, but: Deaths are rising, and the U.S. still has a lot of COVID — a reminder that even this milder variant is still a very real threat to unvaccinated Americans.

Activist Republicans oppose helping Ukraine

Ground personnel unload weapons, including Javelin anti-tank missiles, and other military hardware delivered on a National Airlines plane by U.S. military at Boryspil Airport near Kyiv on Jan. 25, 2022. (Photo: Sean Gallup/Getty Images)

Republicans running in high-profile primary races aren't racing to defend Ukraine against a possible Russian invasion. They're settling on a different line of attack: Blame Biden, not Putin.

Why this matters: GOP operatives working in 2022 primary races tell Axios they worry they'll alienate their base if they push to commit American resources or troops to help Ukraine fight Russia.