WALLACE: The House Intelligence Committee is expected to vote this week on whether to release that four-page memo that you had a big hand in writing that alleges abuse and bias inside the FBI and the Justice Department. As I discussed with Marc Short, The Washington Post reports today the president wants to have the memo released. Do you agree with that?

GOWDY: I do. I’m sorry that we’re to this point.

This memo is nothing but a — a — the distilling, the reducing of thousands of pages of documents provided to us by the department and the bureau. So there’s nothing in this memo that the department is not already aware of.

If you think your viewers want to know whether or not the dossier was used in court proceedings, whether or not it was vetted before it was used, whether or not it’s ever been vetted. If you are interested in who paid for the dossier. If you’re interested in Christopher Steele’s relationship with Hillary Clinton and the Democratic National Committee, then, yes, you’ll want the memo to come out.

If you’re Adam Schiff, who is consistently wrong when it comes to issues of disclosure — he didn’t want us to find out any of this information, Chris. He — he fought. In fact, GPS went to court — Fusion GPS went to court to keep us from finding out that the Democrats paid for the dossier. So if you’re Adam Schiff, of course you don’t want the information to come out. You didn’t want us to find it in the first place.

This memo answers what I think are really legitimate questions and I do think the FBI should look at it before — before it is released. And I have provided that counsel to Chairman Nunes. And I think that he has taken that under advisement.

So I want to play face-off poker. I want the bureau to know everything that’s in the memo. I think you’ll be surprised. It is not a hit piece on the department and the FBI. I would not have participated in it if that’s what it was.