Department of Justice Office of Legal Counsel June 14, 1979 (The President's Authority to Redesignate a Member as Chairman of the Federal Home Loan Bank Board)

June 14, 1979

79-41 MEMORANDUM OPINION FOR THE

COUNSEL TO THE PRESIDENT

Chairman of the Federal Home Loan Bank

Board—Reorganization Plan No. 3 of 1977 (5

U .S.C . App.)—Resignations—The President’s

Authority to Redesignate a Member as Chairman

This responds to the oral request of your Office for our views on the Pres­

ident’s power to redesignate a member of the Federal Home Loan Bank

Board.