Day 1 on the Hill’s done, and Chair Yellen’s got a new message: get used to rates right where they are because long-term growth prospects for the US economy and productivity are dim – NYTimes and WSJ and Bloomberg

Time for some finger pointing  with just a day left before the Brexit vote.  Is this mess the British print media’s fault?  Or PM David Cameron’s? – NYTimes

Also, there’s the thought that regardless of the outcome, the Brexit vote will send ripples throughout Europe – WSJ and NYTimes

A tragic addendum to the Visium insider-trading story from the past week, as one of the hedge fund managers charged last week was found dead yesterday in an apparent suicide – NYTimes and WSJ

Elon Musk is curing what ails SolarCity by having his Tesla motors company buy it—a move he’s called “obvious” [though others disagree] but which will leave him personally exposed to margin calls if the stock price for the two companies slide too far – NYTimes and WSJ and Bloomberg

The SEC’s reportedly prepping a civil enforcement action against Merrill Lynch and two brokers over a structured note investment that’s lost as much as 95% of its value and was marketed in a “borderline crooked” manner (in the words of one of ML’s own advisers) – WSJ

Barclays has escaped (presumably via undisclosed settlement) the FHLB Boston’s suit accusing it and others of misleading the FHLB into a $5.9 billion purchase of toxic MBS – Law360

Just two years after Japanese internet and telecom giant SoftBank Group lured Nikesh Arora from Google, the President and COO is out. Arora had received fierce criticism from investors in past months – WSJ and Bloomberg

Seven European financial firms are taking the plunge into the development of a post-trade blockchain system for small and medium-sized enterprises in Europe – Law360

Passwords?  Nahhh.  Banks are opting for biometrics (eye and fingerprint scans via smartphone; facial contour scans, etc.) as a means for fighting fraud – NYTimes

Gaming’s far from my métier, but for $8.6 billion, Chinese internet giant Tencent’s offer for Supercell (a Finnish smartphone game maker currently under the majority ownership of SoftBank ) is definitely worth a mention – NYTimes and Law360

The USMNT was riding high after somewhat improbably making it to the Copa Americana semis.  But last night they got Messi’d.  Big time – NYTimes