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Photo: Scott Olson / Getty Images

Steve Bannon made one conspicuous slip up in his closed-door hearing on Tuesday with the House Intelligence Committee, according to four sources with direct knowledge of the confidential proceedings. Bannon admitted that he'd had conversations with Reince Priebus, Sean Spicer and legal spokesman Mark Corallo about Don Junior's infamous meeting with the Russians in Trump Tower in June 2016.

Why it matters: The meeting — and the subsequent drafting of a misleading statement on Air Force One — has become one of the most important focal points of the Russia investigations, both on Capitol Hill and within Robert Mueller's team, because it provides the closest thing that exists to evidence that the Trump campaign was willing to entertain collusion with Russians.

Bannon immediately realized he'd slipped up and disclosed conversations he wasn't supposed to discuss, because they happened while he was chief strategist in the White House. Throughout the rest of the session, committee members — in particular Republican Trey Gowdy and Democrat Adam Schiff — hammered Bannon over the fact that he'd mentioned those conversations but refused to discuss anything else about his time in the White House.

Bannon's lawyer, Bill Burck, told the committee in his opening remarks that Bannon wouldn't answer any questions that relate to his time inside the White House or during the presidential transition. The committee caught him in the slip-up inside the first 90 minutes.

Other inside-the-room moments I can reveal:

  • After the hearing started, the New York Times dropped its story about the grand jury subpoena of Bannon. Nobody in the room had their phones — it's the protocol in closed-door intelligence hearings — but an official walked in to inform the committee and Bannon's team of the story.
  • At that point, the committee paused its proceedings and there was a scramble to figure out how to proceed, and how to ensure they did everything properly insofar as the Mueller probe went. (The committee informed Mueller's team several days earlier that it was calling Bannon in as a witness, and they didn't hear back from Mueller's team so viewed that as a green light.)
  • Trey Gowdy, who led the Republican questioning, pressed Bannon hard on his description of Don Junior's Trump Tower meeting as "treasonous." Gowdy asked Bannon whether he would consider it treason for somebody close to him to approach Wikileaks' Julian Assange to get opposition research on Hillary Clinton. Bannon replied that such a scenario would be bad judgment. Then Gowdy produced emails from a Cambridge Analytica employee — the Trump campaign data firm closely affiliated with Bannon — boasting of just such contacts with Assange. Bannon claimed this was the first time he'd seen these emails (though they've been in the news.)
  • Bannon attacked the Republicans running these congressional committees for choosing to investigate the Trump campaign and Russia. He said it was part of an "establishment" plan to try to "nullify" the election result. Gowdy challenged him on that, asking Bannon who is this establishment you refer to who is trying to nullify Trump's victory? Bannon answered: Paul Ryan and Mitch McConnell. Gowdy countered that Bannon couldn't have it both ways. Was he also referring to Trump confidant Kevin McCarthy — the leader of the Republican House conference — who is surely part of the same Ryan-McConnell "establishment?"
  • Another pointed question to Bannon: When he told author Michael Wolff there was a "zero" percent chance that Don Junior didn't bring the Russians up to see his father after their meeting, how did he know that happened? I'm told Bannon all but conceded he was purely speculating.
  • Throughout the hearing, Bannon kept telling the committee members: "I really want to answer this question," and "I really wish I could answer these questions." That became a sore point with members. They kept asking him why he felt liberated to abandon executive privilege and leak prolifically about the White House to journalists and author Wolff, but wouldn't talk to Congress.
  • Bannon, at one point, praised the committee members for the professionalism and preparedness. (But a source familiar with Bannon's thinking told me he made the compliment "tongue-in-cheek.") 

Get more stories like this by signing up for our weekly political lookahead newsletter, Axios Sneak Peek. 

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.

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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.