From Los Angeles Times:

That’s nonsense. It’s actually nonsense on stilts,” said Paul Rosenzweig, who worked with the independent counsel’s office that investigated President Clinton in the 1990s and is now a senior fellow at the R Street Institute, a nonpartisan think tank in Washington.

The only grounds required for obtaining a grand jury subpoena, Rosenzweig said, is whether a witness may have evidence germane to the investigation.

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