BLOOMBERG, L.P. v. BOARD OF GOVERNORS OF FED. RES.

Docket Nos. 09-4083-cv; 09-4097-cv.

601 F.3d 143 (2010)

BLOOMBERG, L.P., Plaintiff-Appellee, v. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, Defendant-Appellant, and The Clearing House Association L.L.C., Intervenor-Appellant.

United States Court of Appeals, Second Circuit.

Decided: March 19, 2010.


Attorney(s) appearing for the Case

Thomas H. Golden, Willkie Farr & Gallagher LLP, New York, NY; (Charles J. Glasser, Jr., Global Media Counsel, Bloomberg News, New York on the brief), NY, for Plaintiff-Appellee.

Matthew M. Collette (Tony West, Mark B. Stern on the brief), Department of Justice, Washington, D.C.; Yvonne F. Mizusawa (Richard M. Ashton, Katherine H. Wheatley on the brief), Board of Governors of the Federal Reserve System, Washington, D.C., for Defendant-Appellant.

Robert J. Giuffra, Jr. (H. Rodgin Cohen, Michael M. Wiseman, William J. Snipes, Patrice A. Rouse, Erez J. Davy on the brief), Sullivan & Cromwell LLP, New York, NY, for Intervenor-Appellant.

Melanie Sloan, Anne L. Weismann, Citizens for Responsibility and Ethics in Washington, Washington, D.C., for Amicus Curiae Citizens for Responsibility and Ethics in Washington in support of Plaintiff-Appellee.

David A. Schulz, Alia L. Smith, Levine Sullivan Koch & Schultz, LLP, New York, NY, for Amici Curiae Advanced Publications, Inc., American Society of News Editors, Dow Jones & Company, Inc., Gannett Company, Inc., Hearst Corporation, Magazine Publishers of America, Inc., National Newspaper Association, Reports Committee for Freedom of the Press, Reuters America LLC, The Association of Alternative Newsweeklies, The Associated Press, The National Conference of Editorial Writers, and the New York Times Co. ("Press Amici") in support of Plaintiff-Appellee.

Cory L. Andrews, Daniel J. Popeo, Washington Legal Foundation, Washington, D.C., for Amici Curiae Washington Legal Foundation and Allied Educational Foundation in support of Plaintiff-Appellee.

C. Dawn Causey, Gregory Taylor, American Bankers Association, Washington, D.C., for Amicus Curie American Bankers Association in support of Defendant-Appellant and Intervenor-Appellant.

Before JACOBS, Chief Judge, LEVAL and HALL, Circuit Judges.


DENNIS JACOBS, Chief Judge:

The Federal Reserve System—the central bank of the United States—is composed of twelve regional Federal Reserve Banks and the defendant-appellant Board of Governors of the Federal Reserve System ("Board"), in Washington, D.C. The Board is a federal agency that (among other things) supervises the operations of the twelve Federal Reserve Banks.

Plaintiff Bloomberg, L.P., a news organization, submitted Freedom of Information...

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