Fox News Network, LLC v. Board of Governors of the Federal Reserve System
Court of Appeals for the Second Circuit
1Opinion of the Court
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-appellee 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 Fox News Network, LLC, (“Fox News”) submitted two Freedom of Information Act (“FOIA”) requests to the Board in November 2008. The first sought the names of all the private banks that received loans from the twelve…
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