Reading Room Document
Appointment and Removal of Federal Reserve Bank Members of the Federal Open Market Committee
The statutory procedures for appointing and removing Federal Reserve Bank members of the Federal Open Market Committee are consistent with the Constitution, and would have continued to be so under proposed H.R. 6741, the Federal Reserve Reform Act of 2018. The OLC does not provide release dates for its opinions, so the release date listed is the date on which the opinion was authored. The original opinion is available at www.justice.gov/olc/file/1349721/download.
The OLC's Opinions
Opinions published by the OLC, including those released in response to our FOIA lawsuit