Paul Ryan warns against rushing to judgment on James Comey memo

"As President I wanted to share with Russian Federation (at an openly scheduled W.H. meeting) which I have the absolute right to do, facts pertaining to terrorism and airline flight safety", he tweeted early Tuesday morning. Democratic lawmakers have demanded that the Justice Department name a special prosecutor to investigate potential ties between Trump's campaign and Russian Federation.

Democrats and a number of Republicans said they wanted to hear from Comey, who was sacked last week a day before Trump met in the Oval Office with the Russian diplomats.

European stocks are slipping on Wednesday after allegations that US President Donald Trump pressured former FBI director James Comey to drop an investigation into former US national security adviser Michael Flynn in February.

A Comey associate says Comey wrote a memo after his encounter with the president, and congressional committees investigating the Russian Federation ties have requested to see the memo and other related documentation.

Earlier this week, the president was accused of sharing classified information with Russian Federation. Stocks fell sharply on Wall Street as investors anxious that the latest turmoil in Washington could hinder Trump's pro-business agenda.

In Washington, Republican and Democratic lawmakers said they wanted to see the Comey memo.

But a leading US Republican politician said he would have little faith in any notes Putin might supply. "Our job is to be responsible, sober and focus only on gathering the facts".

In an off-camera briefing, White House press secretary Sean Spicer appeared to confirm intelligence was passed on by Mr Trump. "I'm not going to take a memo, I want the guy to come in", said Sen.

House Speaker Paul Ryan declared Wednesday that he retains confidence in President Donald Trump and cautioned against "rushing to judgment" over the cascading revelations coming out of the White House.

"The big issue here is that I am convinced the president did nothing that he felt was outside the best interests of the country", Franks said.

And he adopted a skeptical tone toward the reports that have the White House in chaos and lawmakers scrambling to respond.

The comments attributed to President Trump cross a unsafe line.

"Let's get to the bottom of what happened with the director". "But I suppose it's going to continue, so we'll have to get used to it". Don't give in, don't back down.

Less than a week after Comey's firing, the explosive news cycle continued Monday night when the Washington Post first broke that Trump revealed highly classified information to the Russian foreign minister and ambassador during their meeting at the White House last week. Russian President Vladimir Putin said on Wednesday Trump had not passed on any secrets to Lavrov during their meeting. He said he wants to follow the facts wherever they may lead. "Or they do understand everything, and that means that they are risky and unscrupulous".

"Amid all the noise and distractions emanating from the Oval Office, no one on Capitol Hill is hitting the pause button on tax reform and we believe it is premature to argue a Constitutional crisis will kill tax reform until 2019", Peter Cohn of Height Securities said in a Wednesday note.

Ryan endorsed the House Oversight committee's request for the Federal Bureau of Investigation turn over all documents and recordings that detail communications between Comey and Trump.

Another report by CNN states that the Senate intelligence committee has put in a request to be told what was said during the meeting between Trump and Lavrov. This would be considered obstruction of justice which is an impeachable offense.

Senate Judiciary Committee members requested similar records. They expect to bring in Comey in to testify, as well.

It is thought the information came from Israel through a sensitive intelligence sharing arrangement and White House officials took steps to contain the damage after the meeting, placing calls to the CIA and National Security Agency. Lindsey Graham, R-S.C.

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