| Federal
Reserve Board Is Sued For FOIA About
Maiden Lane and FRBNY Now To 2d Cir
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Nov 28 – The U.S. Federal
Reserve Board got a Freedom of
Information Act request for
"any records from Maiden Lane
LLC and Maiden Lane II LLC and
Maiden Lane III LLC containing
the CUSIP Number 40431LAR9."
The Fed Board
denied it "because these loans
were issued by the FRB of New
York, not as a delegated
function of the
Board."
That is to say,
the Federal Reserve Board is
again saying its its Reserve
Banks, to which it delegates
rubber stamping of mergers,
are not subject to FOIA.
In this
case, the Federal Reserve
Board has not sent its own
lawyers, as it did when Inner
City Press sued it under FOIA.
Instead, it is
represented, like ICE or other
agencies, by the US Attorney's
Office at 86 Chambers Street.
Now
there's a bid to appeal to the
Second Circuit Court of
Appeals.
The case is Junk
v. Board of Governors of the
Federal Reserve System,
19-cv-385 (Cote).
***
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