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MELCHER v. FEDERAL OPEN MARKET COMMITTEE

Civ. A. No. 84-1335.

644 F.Supp. 510 (1986)

John MELCHER, Plaintiff, v. FEDERAL OPEN MARKET COMMITTEE, et al., Defendants.

United States District Court, District of Columbia.

Supplemental Opinion September 25, 1986.

Attorney(s) appearing for the Case

Grasty Crews, II, Falls Church, Va., for plaintiff.

Brook Hedge, Sandra M. Schraibman, Alfred Mollin, Mona Butler, Civil Div., U.S. Dept. of Justice, Washington, D.C., for defendants; Michael Bradfield, General Counsel, Bd. of Governors of the Federal Reserve System and the Federal Open Market Committee, John H. Oltman, General Counsel, Federal Reserve Bank of New York and Deputy General Counsel, Federal Open Market Committee, of counsel.

OPINION

HAROLD H. GREENE, District Judge.

United States Senator John Melcher of Montana, the plaintiff in this action, has challenged the process by which five members of the Federal Reserve Board's Federal Open Market Committee (hereinafter FOMC) are selected. The gravamen of his complaint is that these five members, known as the "Reserve Bank members," are selected in violation of the appointments clause, Article...

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