Board of Governors of the Federal Reserve System v. Agnew
329 U.S. 441 · Decided January 6, 1947 · Supreme Court of the United States
Record summary. This page is generated from the Supreme Court Database’s coded data about the case. It describes who decided what, not the Court’s reasoning. Read the opinion itself before relying on it. Not legal advice.
At a glance
Board of Governors of the Federal Reserve System v. Agnew was decided on January 6, 1947 unanimously (9–0). The Court reversed the lower court's decision. Justice William O. Douglas wrote the opinion of the Court. SCDB classifies its main issue as “Securities regulation” in the Economic Activity area.
Read the opinion
Case details
- Citations
- 329 U.S. 441 · 67 S. Ct. 411 · 91 L. Ed. 408 · 1947 U.S. LEXIS 2883
- Docket number
- 66
- Decided
- January 6, 1947
- Argued
- December 10, 1946
- Court era
- Vinson Court
- Decision type
- Opinion of the Court (orally argued)
- Disposition
- Reversed
- Outcome for petitioner
- The petitioning party received a favorable disposition
- Vote
- 9–0 (unanimous)
- Majority opinion
- William O. Douglas
- Opinion assigned by
- Hugo L. Black
- How the case arrived
- Certiorari
- Issue (SCDB)
- Securities regulation
- Issue area
- Economic Activity
- Legal provision
- 12 U.S.C. § 77
- Type of law
- Infrequently litigated statute
- Decision direction (SCDB)
- Liberal what this means
How the Justices voted
| Justice | Vote | Separate writing |
|---|---|---|
| Justice Hugo L. Black | Majority | |
| Justice Stanley F. Reed | Majority | |
| Justice Felix Frankfurter | Concurrence | |
| Justice William O. Douglas | Majority | Wrote an opinion |
| Justice Frank Murphy | Majority | |
| Justice Robert H. Jackson | Majority | |
| Justice Wiley B. Rutledge | Concurrence | Wrote an opinion |
| Justice Harold H. Burton | Majority | |
| Chief Justice Fred M. Vinson | Majority |
Full case caption
Board of Governors of the Federal Reserve System et al. v. Agnew et al.
SCDB identifiers: case 1946-031, docket 1946-031-01.
Related decisions
Other cases on “Securities regulation”
- American Power & Light Co. v. Securities & Exchange Commission
- Securities & Exchange Commission v. Chenery Corporation
- Securities and Exchange Commission v. Central-Illinois Securities Corp.
- Niagara Hudson Power Corp. v. Leventritt
- Securities & Exchange Commission v. Ralston Purina Co.
- Wilko v. Swan
Same Term, same area (Economic Activity)
- Halliburton Oil Well Cementing Co. v. WalkerAltered precedent
- Champlin Refining Co. v. United States
- United States v. Howard P. Foley Co., Inc.
- Richfield Oil Corp. v. State Board of EqualizationLaw held unconstitutional
- American Power & Light Co. v. Securities & Exchange Commission
- Vanston Bondholders Protective Committee v. Green
Source: Supreme Court Database, 2026 Release 01 (data file dated September 8, 2026). Imported into CaseTrail November 5, 2026. Coverage: decisions from the 1946 through 2025 Terms. Methodology · Report an error