Yep. Its all about a race against time to deflect from whats going to come out from the IG report then the Durham criminal investigation along with the wrong done against Flynn.
The purpose is to say ok so what if the Obama administration did Trump and his associates wrong, hes still corrupt to the core and see here he would have done something wrong anyway
That's part of the truth. But another reason is to smear Trump, via media propaganda, either about passage of a vote for articles of impeachment, or if that fails, whatever their "inquiry" comes up with.