* Jonathan Swan reports that the White House is increasingly afraid that Devin Nunes’ blockbuster memo is going to be a dud:

Inside the Trump administration, sources who’ve been briefed on the Nunes memo expect it will be underwhelming and not the “slam dunk” document it’s been hyped up to be.

What we’re hearing: There is much more skepticism inside the administration than has been previously reported about the value of releasing the memo, according to sources familiar with the administration discussions…

Trump still wants to release the memo. But there are a number of people in the White House who are fairly underwhelmed, and there’s internal anxiety about whether it’s worth angering the FBI director and intelligence community by releasing this information.

Is there anyone who would actually be surprised about this?

* But Carol Leonnig, Josh Dawsey, Ellen Nakashima, and Karoun Demirjian report that we’re getting it anyway:

President Trump is expected to approve the release of a controversial congressional memo alleging surveillance abuses by the FBI, after the White House agreed to some redactions at the bureau’s request, but the document may not be made public before Friday, according to senior administration officials.

The redactions were the result of a review of the memo’s classified contents by White House and intelligence community officials. The memo, which has created a political firestorm, suggests that the early origins of special counsel Robert S. Mueller III’s probe into Russian interference in the 2016 election were tainted by political bias.

FBI Director Christopher A. Wray had opposed its release, citing “grave concerns” about key factual omissions and accuracy. The White House was not convinced that release would compromise national security but agreed to redactions to protect sensitive law enforcement methods, according to the officials who spoke on the condition of anonymity to discuss internal deliberations.

Cue the conspiracy theorists on how the real story is what’s in the redactions.

* Dana Bash, Jeff Zeleny, and Evan Perez report that some in the White House are worried that if Nunes’ memo is released, FBI Director Christopher Wray may quit in protest.

* A Monmouth University poll finds that 71 percent of Americans, including two-thirds of Republicans, think that President Trump should answer Robert Mueller’s questions.

* Ben Penn reports that the Labor Department secretly scrubbed an internal report showing that the administration’s proposal to allow employers to keep some of their employees’ tips would result in billions of dollars in lost income for workers.

* Burgess Everett reports that at least one Senate Republican thinks the Senate Intelligence Committee should review the Nunes memo before it’s released to the public. Hey, that’s one!

* Renae Merle reports that “the Trump administration has stripped enforcement powers from the Consumer Financial Protection Bureau office that specializes in pursuing cases against financial firms accused of breaking discrimination laws.”

At last, relief for financial firms that discriminate! Just as the American people demanded.

* Meanwhile, David Dayen reports that despite Trump’s vow that he’s bringing great prosperity to African Americans, his administration may be reining a federal program that fights discrimination in lending, which could weaken African American efforts to build wealth.

* Tom Jacobs explains how liberals can use nostalgia to change conservatives’ minds.

* Sadhana Singh explains what life has been like as a “dreamer” in the limbo Trump cast them into.

* At The Week, I gave some advice to the media on how not to screw up reporting on the Nunes memo.

* And Jan Zilinsky and Joshua Tucker argue that Republican voters don’t yet feel betrayed by Trump because for the most part they’re getting exactly what they wanted.