NY Fed defeats Puerto Rican bank's appeal tied to Venezuela-related cutoff
By Jonathan Stempel NEW YORK, May 13 (Reuters) - The Federal Reserve Bank of New York on Wednesday defeated an appeal by a Puerto Rican lender whose access to the U.S. central banking system was cut off in a crackdown on lenders with links to Venezuela. In a 3-0 decision, the 2nd U.S.