Reading Room Document
Removal of the Comptroller of the Currency.
The document discusses the legal principles applicable to the removal of the Comptroller of the Currency before the expiration of his term. It concludes that the President has the authority to remove the Comptroller for any reason, as long as it is satisfactory to him. The document presents a detailed list of instances where the Comptroller, Mr. Saxon, has been uncooperative and has caused serious problems for the Department of the Treasury. It also recommends supporting the Secretary of the Treasury's recommendation for the removal of Mr. Saxon and suggests a communication to the Senate explaining the reasons for his removal.
The OLC's Opinions
Opinions published by the OLC, including those released in response to our FOIA lawsuit