MELE v. FED. RESERVE BANK OF NEW YORK, 03-1556
The Federal Reserve Act precludes enforcement against a Federal Reserve Bank of an employment contract that would compromise its statutory power to dismiss at pleasure, and prevents the development of a reasonable expectation of continued employment. As a result, plaintiff's argument that he was terminated in contravention of defendant's Management Guide to Personnel Policies is meritless.
- Argued 11/18/2003
- Decided 02/24/2004
- Published 02/24/2004
- Before RENDELL, BARRY, and CHERTOFF, Circuit Judges.
- United States Third Circuit
- For Appellant:
- Brian E. Fleisig (Argued), Pearce, Vort & Fleisig, L.L.C., Hackensack, for Appellant.
- For Appellees:
- Yoon Hi Greene (Argued), Federal Reserve Bank of New York, New York, Shari Leventhal, Federal Reserve Bank of New York, New York, for Appellee.