End of Justice Department's Powell probe could clear way for Kevin Warsh's confirmation as Fed chair

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Why is the DOJ dropping its Jerome Powell probe?.

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The Justice Department has dropped its criminal probe into Federal Reserve Chair Jerome Powell.

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The investigation was connected to the estimated $2.5 billion price tag for renovations on the Federal Reserve's headquarters in Washington, D.C.

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CBS News' Katrina Kaufman reports.

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The Justice Department has dropped its criminal investigation into outgoing Federal Reserve Chair Jerome Powell over the central bank's renovation.

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CBS News congressional correspondent Nikole Killion reports.

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