U.S. Department
of Justice
Appointment and Removal of Federal Reserve Bank Members of the Federal Open Market Committee
Date of Issuance:
Headnotes
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.
Updated December 30, 2020