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HARRIS v. BOARD OF GOVERNORS OF FED. RES. SYS.

Nos. 90-3824, 91-1048.

938 F.2d 720 (1991)

William C. HARRIS, Commissioner of Banks and Trust Companies of the State of Illinois, Plaintiff-Appellee, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM and Federal Reserve Bank of Chicago, Defendants, and House Committee on Banking, Finance and Urban Affairs, Intervening Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided July 25, 1991.

Attorney(s) appearing for the Case

Rosalyn B. Kaplan, Roger Flahaven, Asst. Attys. Gen., Chicago, Ill., Nancy K. Needles, Asst. U.S. Atty. Civ. Div., Appellate Section, Chicago, Ill., Howard S. Scher, Dept. of Justice, Civ. Div., Appellate Section, Washington, D.C., for plaintiff-appellee and defendants-appellees.

Thomas K. McQueen, Jenner & Block, Chicago, Steven R. Ross, Charles Tiefer, Janina Jaruzelski, U.S. House of Representatives, Washington, D.C., for defendant-appellant.

Before BAUER, Chief Judge, and POSNER and RIPPLE, Circuit Judges.

POSNER, Circuit Judge.

Last fall, the House Banking Committee began an investigation of Banca Nazionale del Lavoro, a foreign bank that has a branch in Atlanta. The Committee suspected the Atlanta branch of having furtively and without proper authorization lent billions of dollars to Iraq. The 101st Congress adjourned sine die on October 28, but the Committee continued its investigation and in November and December...

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