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INDEPENDENT BANKERS ASS'N v. FARM CREDIT ADMIN.

No. 98-5020.

164 F.3d 661 (1999)

INDEPENDENT BANKERS ASSOCIATION OF AMERICA and American Bankers Association, Appellants, v. FARM CREDIT ADMINISTRATION, Appellee.

United States Court of Appeals, District of Columbia Circuit.

Decided January 19, 1999.

Attorney(s) appearing for the Case

Michael F. Crotty argued the cause for appellants. With him on the briefs were John J. Gill and Leonard J. Rubin.

Michael S. Raab, Attorney, U.S. Department of Justice, argued the cause for appellee. With him on the brief were Frank W. Hunger, Assistant Attorney General, Wilma A. Lewis, U.S. Attorney, and Mark B. Stern, Attorney, U.S. Department of Justice.

Arvid E. Roach, II, argued the cause and filed the brief for amicus curiae Farm Credit Council.

Before: SILBERMAN, ROGERS and GARLAND, Circuit Judges.

ROGERS, Circuit Judge:

Since 1916, the federal government has provided assistance to farmers in securing agricultural loans. With the enactment of the Federal Farm Loan Act, ch. 245, 39 Stat. 360 (1916), and the Farm Credit Act of 1933, ch. 98, 48 Stat. 257 (1933), Congress established a system of banks and cooperative lending associations, known as the Farm Credit System, designed to provide credit to agricultural producers and farm-related businesses. In 1971, Congress...

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