Philadelphia Fed Annual Report 2006

The Federal Reserve Bank of Philadelphia's Annual Report 2006 tells the story behind the Bank's role in the largest consolidation of the Federal Reserve's check processing operations to date.

It also covers the completion and implementation of two other major Federal Reserve System projects carried out by the Philadelphia Fed last year.

The year 2006 was marked by operational successes and major changes at the Philadelphia Fed, but leadership was the most important transition the Bank experienced

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