The consensus (except at Fox News and the White House) is that the Adam Schiff memo just released utterly destroys the Nunes Memo, which the Trumpites have been trumpeting for two weeks as proving that the FBI is corrupt. That’s certainly the way it reads to me: every single charge made by Nunes (based, please note, on documents he hadn’t seen) is clearly refuted. No, the Steele Dossier was not essential to obtaining the FISA warrant against Carter Page; the FBI was already on him. No, the source of that memo was not concealed from the FISA court; judges can read footnotes, and the DNC wasn’t specifically named because that would have been an unjustified bit of “unmasking” domestic players caught in intelligence dramas. No, those warrants (the original and three extensions) weren’t approved by some rogue Democratic judge, but by two GWB appointees, one GHWB appointee, and one Reagan appointee. And so on and so forth.
To my eyes, there’s a much bigger fact in the Schiff memo. It was already in the record, but I hadn’t noticed it before, and I can find only one published reference to it – from Joe Uchill at The Hill – and no published source draws what seems to me the two strong inferences: that the DNC/DCCC/Podesta hacks were carried out by or for Russian intelligence, and that the Trump campaign very likely knew that and helped cover it up.