Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. 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!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

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 Axios Sports. 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 Axios Des Moines

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 Axios Tampa Bay

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!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Olivier Douliery, Pool / Getty Images

White House aides recognize there could be a high cost to President Trump's decision to allow — with no redactions — release of that classified memo about the Russian investigation. The White House has notified the House Intelligence Committee to release the memo, Fox News first reported and Axios has confirmed.

The White House plans to dress up the decision by arguing that it's an action of "transparency." But this puts President Trump publicly crossways with both the intelligence community and the FBI — not a place you want to be.

  • And then there's the lead-balloon factor: Axios scooped yesterday that many in the White House think the memo will be a dud — hardly delivering on the expectations that Fox's Sean Hannity and others on the right have whipped up with the online #ReleaseTheMemo frenzy.
  • So with no slam dunk, there could also be a political cost.
  • An administration source said last night: “Some back and forth on whether to actually do it. If it really is a dud and the memo really doesn’t say a hell of a lot, why would you risk pissing off [FBI Director Christopher] Wray?"
  • That West Wing fear syncs with a claim by Rep. Adam Schiff, the top Democrat on the House Intelligence Committee, who said at an Axios event that the memo will be a letdown for the right — containing nothing that obviously invalidates the investigation or would cause anyone to get fired.
  • And the policy price ... The Boston Globe front-pages: "The hot topic at congressional Republicans’ annual policy retreat ... is not infrastructure, immigration, or even tax cuts — it’s 'The Memo.'"

About FBI Director Wray, the administration source said:

  • "He’s definitely pissed off and really upset, but not to the point where he’d resign."
  • "At some point, there needs to be a working relationship — just from a national security and protection level, you need to work together. But ... I’m not sure how that will work.”

Why it matters ... The N.Y. Times' Michael Schmidt, speaking to Brian Williams on MSNBC's "The 11th Hour," looks past the immediate frenzy:

  • "This is clearly the most aggressive thing that [Trump] has done, public-relations-wise, to try and brush back the Justice Department."
  • "This is a clear effort to undermine [Deputy Attorney General Rod] Rosenstein; [special counsel Bob] Mueller by extension."
  • "If this comes out and there's not a lot of 'there' there, the president will find himself in a very vulnerable position."
  • "Mueller has been spending a lot of time looking at his conduct in office. It's become increasingly clear to the public that there is an obstruction of justice [decision] that Mueller is going to have to make."
Subscribe to Axios AM/PM for a daily rundown of what's new and why it matters, directly from Mike Allen.
Please enter a valid email.
Please enter a valid email.
Server error. Please try a different email.
Subscribed! Look for Axios AM and PM in your inbox tomorrow or read the latest Axios AM now.

Go deeper

Cedric Richmond: We won't wait on GOP for "insufficient" stimulus

Top Biden adviser Cedric Richmond told "Axios on HBO" the White House believes it has bipartisan support for a stimulus bill outside the Beltway.

  • "If our choice is to wait and go bipartisan with an insufficient package, we are not going to do that."

The big picture: The bill will likely undergo an overhaul in the Senate after House Democrats narrowly passed a stimulus bill this weekend, reports Axios' Kadia Goba.

Updated 5 mins ago - Politics & Policy

Cuomo asks for “independent” investigator into sexual harassment claims

New York Governor Andrew Cuomo at a press conference on Feb. 24. Photo: Seth Wenig/pool/AFP via Getty Images

A top aide to Gov. Andrew Cuomo said that he would authorize and "voluntarily cooperate" with an independent investigation run by New York's attorney general into claims he sexually harassed several women.

The state of play: The statement comes after a day of competing statements from Cuomo and AG Letitcia James over who would oversee an independent investigation into the governor.

Cuomo scandal snares Dems on #MeToo

Illustration: Eniola Odetunde/Axios. Photo: Ray Tamarra/Getty Images   

The searing sexual harassment allegations made against Gov. Andrew Cuomo are trouble for Democrats far beyond Albany and New York.

Why it matters: They hammered Donald Trump after the "Access Hollywood" tape. Pilloried Brett Kavanaugh over Christine Blasey Ford. Defended President Biden when he was accused of inappropriate touching. Now, Democrats have to show whether they walk the "#MeToo" talk.