The committee has been mired in political gridlock amid a controversy that saw the two sides of the committee release competing memos on alleged abuse at the Federal Bureau of Investigation and Justice Department.
The CNN correspondent added that Republican committee member Mike Conaway, who took the lead in the probe after committee chair Devin Nunes recused himself a year ago, is expected to make the announcement today.
Two other congressional committees, the Senate Select Committee on Intelligence and the Senate Judiciary Committee, are conducting their own investigations into Russian meddling.
The report resulting from the yearlong probe will be based on more that 50 interviews and thousands of pages of documents, the Wall Street Journal reported. Signs of its conclusion come amid continuing partisan divisions on the committee.
The House Intelligence Committee has completed interviews and is preparing a report on its probe into Russian interference in the 2016 election, according to a person familiar with the matter.
The committee reportedly interviewed its final witness, former Trump campaign manager Corey Lewandowski, last week. Once the draft report is adopted by committee Democrats, the report will be submitted to the intelligence community for a declassification review, and following that process, will be released to the public, officials said, though the timeline at this point is unknown.
High-profile witnesses throughout the investigation included former White House Chief Strategist Stephen Bannon, former White House Communications Director Hope Hicks, and President Trump's son-in-law Jared Kushner.
Committee Chairman Devin Nunes, a Republican released a controversial memo that alleged misconduct at the Federal Bureau of Investigation and Justice Department with regard to obtaining a FISA surveillance warrant in order to surveil the communications of a former Trump associate. California Rep. Adam Schiff, the ranking Democrat on the panel, has offered less definitive statements on the issue.
Democrats have previously said that the Republican-led investigation was not as extensive as they would have liked and that more witnesses needed to be interviewed. That includes looking into whether Trump associates colluded with Russian Federation and any possible role his business dealings played in the campaign.
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