Does the US Federal Reserve have to rely on its own line of reasoning to support a decision made by the Federal Reserve?
MultiRegion, United States of America
The following excerpt is from Natural Res. Def. Council, Inc. v. Pritzker, 828 F.3d 1125 (9th Cir. 2016):
standard, we will not use our own line of reasoning to bolster the agency decision on grounds that it did not include in its reasoning. See, e.g. , SEC v. Chenery Corp. , 332 U.S. 194, 196, 67 S.Ct. 1760, 91 L.Ed. 1995 (1947).8
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