FBI agents working alongside Utah state prosecutors in a wide-ranging corruption investigation have uncovered accusations of wrongdoing by two of the U.S. Senate’s most prominent figures — Majority Leader Harry Reid and rising Republican Sen. Mike Lee — but the Justice Department has thwarted their bid to launch a full federal investigation.

The probe, conducted by one Republican and one Democratic state prosecutor in Utah, has received accusations from an indicted businessman and political donor, interviewed other witnesses and gathered preliminary evidence such as financial records, Congressional Record statements and photographs that corroborate some aspects of the accusations, officials have told The Washington Times and ABC News.
But the Justice Department’s public integrity section — which normally handles corruption cases involving elected figures — rejected FBI agents’ bid to use a federal grand jury and subpoenas to determine whether the accusations are true and whether any federal crimes were committed by state and federal officials.
The information involving Mr. Reid and Mr. Lee is not fully developed but centers on two primary issues:
• Whether both or either politician sought or received money or other benefits from donors and/or fundraisers in connection with doing political favors or taking official actions.
• Whether Mr. Lee provided accurate information when he bought, then sold a Utah home for a big loss to a campaign contributor and federal contractor, leaving his mortgage bank to absorb large losses.
“There are allegations, but they are very serious allegations and they need to be looked at by somebody,” Sim Gill, a Democrat who is the elected chief prosecutor in Salt Lake County, told The Times. “If true, or even if asserted, they truly should be investigated and put to rest, or be confirmed.”

So, a bi-partisan investigation led by a Democrat and Republican prosecuter in Utah. The FBI was trying to aid the investigation, and the DOJ seems to have stonewalled them. It certainly leads to the perception that they are trying to cover something up, whether or not they are, or just trying to hide behind vague rules.

 Frazzled wrote:
Reid was the politician being comp'd in Casino. Seriously.

Reid may not be the most colorful figure in Washington, but his career is far more interesting than that of the average senator. In politics, Nevada is the next best thing to Louisiana. To take just one example, is there another U.S. senator who has been part of the inspiration for a character in a Martin Scorsese film? (A character played by Dick Smothers, no less.) In Casino, Robert DeNiro's character melts down in front of the Nevada Gaming Commission after the commission denies him a license to operate a casino. The scene is loosely based on a December 1978 hearing when Reid was the commission's chairman, and some of the dialogue spoken by Smothers is taken directly from Reid's words during the hearing. (The rest of the scenes involving Smothers, who plays a composite politician known only as "Senator," have nothing to do with Reid.)