Editor's Note: This is a monthly publication on economic trends and financial policy issues. In this publication you can read "The Longbrake Letter", an analysis of economic trends and conditions written by Bill Longbrake, as well as commentary on financial regulation and policy written by members of the law firm Barnett, Sivon & Natter, P.C., a Washington, DC based law firm that specializes in financial services law.

ISSUE: #60, June 2015

The Longbrake Letter
- Bill Longbrake
After the shocking -0.7 percent GDP growth in the first quarter, recent data reports are painting a better picture. So, the economy is not about to go into a tailspin as some worried about a month ago. But neither is it poised to accelerate as most forecasters expected prior to the start of the year. In this month’s letter Bill Longbrake explains why economic growth is likely to continue to be low and disappointing for many years to come, primarily because of a lack of private and public investment which will result in historically low productivity gains.

FinTech and the Existing Legal Framework for Anti-Money Laundering and Counter-Terrorism Financing
- Jim Sivon
It may be time to re-examine the existing legal framework for addressing money laundering and terrorism financing, and technologies employed by FinTech companies may be useful in designing alternative approaches to detecting and preventing money laundering and terrorist financing.

TRID: Caution Ahead
- Katie Wechsler
This article looks at the new, and possibly bumpy, road Americans seeking a home mortgage will travel starting October 3, when the CFPB's TILA-RESPA Integrated Disclosure Rule goes into effect.

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