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The Federal Reserve Board announced on October 12, 2005, amendments to appendix A of Regulation CC (Availability of Funds and Collection of Checks) that reflect the restructuring of the Federal Reserve's check-processing operations in the Fourth, Tenth, and Eleventh Districts. Responding to a congressional report that was critical of the Federal Reserve's management of its finances, Alan Greenspan defended his record as chairman of the central bank at a Senate hearing Tuesday on his nomination to a third term, calling the Federal Reserve ``an extraordinarily well-run organization. CLEVELAND -- The Federal Reserve Bank of Cleveland announced the following appointments to its main office and branch boards of directors and to the Federal Advisory Council. |
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