Fasano v. Federal Reserve Bank
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
VAN ANTWERPEN, Circuit Judge.
Appellant Federal Reserve Bank of New York brings this interlocutory appeal of the District Court’s refusal to find appellee Maureen Fasano’s employment claims, based on New Jersey state law, preempted by the Federal Reserve Act, 12 U.S.C. § 341 (Fifth). For the reasons set forth below, we will reverse and remand with instructions to dismiss Fasano’s Complaint.
I
A. Federal Reserve Banks
Because the nature of Federal Reserve Banks is at issue in this case, we begin by briefly describing their history and function. The Federal Reserve Bank of New…
2Cases cited48 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
- Allis-Chalmers Corp. v. LueckSupreme Court of the United States · 1985
- English v. General Electric Co.Supreme Court of the United States · 1990
- Posadas v. National City BankSupreme Court of the United States · 1936
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3Cited by54 opinions
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- McKinley v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the D.C. Circuit · 2011
- Goonan v. Federal Reserve BankDistrict Court, S.D. New York · 2013
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