Simpson and his lawyer met with members of the committee for several hours to hammer out a deal for his closed-door testimony.
The Daily Caller was informed that Simpson had indicated prior to Wednesday’s meeting that he would plead the Fifth during his deposition, just as his two co-founders, Peter Fritsch and Thomas Catan, did during interviews last month. But as part of the deal struck Wednesday, Simpson will not plead the Fifth.
Simpson’s move comes amid a tense legal battle over Fusion’s bank records. On Friday, Fusion filed papers in federal court in Washington, D.C. asking a judge to issue a temporary restraining order preventing its bank from releasing records related to financial transactions it has had with "any law firm, ’media company’ or journalist with which it has worked."