NACS v. BOARD OF GOVERNORS OF FED. RESERVE SYS.

Attorney(s) appearing for the Case

Katherine H. Wheatley , Associate General Counsel, Board of Governors of the Federal Reserve System, argued the cause for appellant. With her on the briefs were Richard M. Ashton , Deputy General Counsel, Yvonne F. Mizusawa , Senior Counsel, and Joshua P. Chadwick , Counsel.

Seth P. Waxman argued the cause for amici curiae The Clearing House Association, L.L.C., et al. in support of neither party. With him on the brief were Albinas Prizgintas , Noah A. Levine , and Alan Schoenfeld.

Shannen W. Coffin argued the cause for appellees. With him on the brief was Linda C. Bailey.

Andrew G. Celli Jr. , Ilann M. Maazel , and O. Andrew F. Wilson were on the brief for amicus curiae The Retail Litigation Center, Inc. in support of appellees.

Jeffrey I. Shinder was on the brief for amici curiae 7-Eleven, Inc., et al. in support of appellees.

David A. Balto was on the brief for amicus curiae United States Senator Richard J. Durbin in support of appellees.

Opinion for the Court filed by Circuit Judge TATEL.