Fed, DOJ clash over Powell probe — as government says it has no evidence of misconduct - Politico

A public standoff between the Federal Reserve and the Justice Department over the Powell investigation had held up the nomination process, even as prosecutors acknowledged uncertainty about evidence of misconduct. The DOJ’s move to drop the criminal investigation undercuts the standoff that had been cited as a reason to delay consideration and makes it more likely the Senate can proceed, although political tensions over the episode could linger.