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Andrew Bailey

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Bank of England Governor Prioritizes AI Testing Over Regulation to Safeguard Financial Stability
technology-and-finance9 days ago

Bank of England Governor Prioritizes AI Testing Over Regulation to Safeguard Financial Stability

Bank of England Governor Andrew Bailey argues that rigorous testing of AI models is a more effective starting point than immediate regulation. He warns that frontier AI poses significant risks to financial systems, including cyber threats and self-reinforcing loops, but insists that society must retain the right to intervene. While acknowledging immense benefits, Bailey emphasizes the need for standards to manage these risks before formal regulatory frameworks are established.

via BBC|
#ai-regulation#andrew-bailey#bank-of-england
FBI Co-Deputy Director Andrew Bailey Resigns After One Year of Tensions
politics11 days ago

FBI Co-Deputy Director Andrew Bailey Resigns After One Year of Tensions

Andrew Bailey, the former Missouri attorney general and FBI co-deputy director, has resigned after serving for approximately one year. He cited family reasons in a social media post, though reports suggest his departure follows significant friction with FBI Director Kash Patel. Bailey’s exit marks the end of the bureau’s nontraditional split deputy director structure, leaving Christopher Raia as the sole co-deputy director.

via The Washington Post|
#andrew-bailey#fbi#kash-patel
FBI Co-Deputy Director Andrew Bailey Resigns After One Year of Tensions with Kash Patel
politics11 days ago

FBI Co-Deputy Director Andrew Bailey Resigns After One Year of Tensions with Kash Patel

Andrew Bailey, the former Missouri attorney general and FBI co-deputy director, announced his resignation on September 28, 2026, effective October 2. He cited family reasons in a post on X, thanking President Trump, Attorney General Todd Blanche, and Director Kash Patel for the opportunity to serve. Bailey’s departure marks the end of a nontraditional leadership structure at the FBI, where the deputy director role was split between two people for the first time. His exit follows the earlier departure of Dan Bongino and occurs amid reported friction with Patel, who had reportedly excluded Bailey from key meetings. Bailey’s tenure was brief, lasting just over a year, and his departure leaves Chris Raia as the sole co-deputy director.

via CBS News|
#andrew-bailey#fbi#justice-department
FBI Co-Deputy Director Andrew Bailey Resigns Amid Tensions with Kash Patel
politics11 days ago

FBI Co-Deputy Director Andrew Bailey Resigns Amid Tensions with Kash Patel

Andrew Bailey, the FBI co-deputy director appointed by Donald Trump, is resigning effective October 2, 2026. Bailey, a former Missouri attorney general, cited family reasons for his departure after serving for approximately one year. His exit follows a period of reported friction with FBI Director Kash Patel and occurs amid broader leadership instability at the bureau.

via The Guardian|
#andrew-bailey#election-investigations#fbi
FSB Warns of Fragile Markets and AI-Driven Cyber Risks Ahead of G20 Talks
world1 month ago

FSB Warns of Fragile Markets and AI-Driven Cyber Risks Ahead of G20 Talks

FSB Chair Andrew Bailey warns ahead of G20 FMCBG meetings that global markets remain vulnerable to a disorderly correction amid sovereign debt fragilities, private credit risks, and stretched asset valuations, with frontier AI introducing new cyber-risk factors; calls for resilience and global safeguards on safe, responsible AI deployment to protect market confidence.

via Financial Stability Board|
#andrew-bailey#cyber-risk#frontier-ai
politics1 year ago

Missouri Attorney General Appointed as FBI Co-Deputy Director

Missouri Attorney General Andrew Bailey announced his resignation effective September 8, 2025, to accept a position as Co-Deputy Director of the FBI, citing his call to service and gratitude to Missouri and the nation. The governor will appoint his successor, and Bailey's extensive background includes military service and legal roles within Missouri. His move is seen as a significant gain for the federal government and a loss for Missouri.

via Missouri Attorney General's Office (.gov)|
#andrew-bailey#fbi#federal-position
"Bank of England Signals Rate Cut Amid Policy Split"
financeeconomy2 years ago

"Bank of England Signals Rate Cut Amid Policy Split"

Bank of England Governor Andrew Bailey hinted that the market's expectations for future rate cuts may be correct, as the central bank voted to hold interest rates steady at 5.25% while investors anticipate four rate cuts by year-end. The Monetary Policy Committee's 6-3 split vote reflects differing opinions on inflation, which unexpectedly rose to 4% in December. Bailey did not commit to a specific timeline for rate cuts but indicated that the bank is "on a path" toward lowering rates, aligning with the market's sentiment.

via CNBC|
#andrew-bailey#bank-of-england#financeeconomy
SF Giants' Winning Streak Reaches 10 Games with Beck's Sharp Outing and Big Inning Against Padres.
sports3 years ago

SF Giants' Winning Streak Reaches 10 Games with Beck's Sharp Outing and Big Inning Against Padres.

Rookie pitcher Tristan Beck's three innings of one-hit relief helped the San Francisco Giants extend their winning streak to nine games, beating the San Diego Padres 4-3. Beck has been a key contributor to the Giants' success, along with fellow rookies Casey Schmitt and Keaton Winn, who have helped fill the void left by injured pitchers. Schmitt drew a walk in the ninth inning against Padres closer Josh Hader, setting up Joc Pederson's game-winning walk. The Giants have won five games in which they trailed in the seventh inning or later during their winning streak.

via NBC Sports Bay Area|
#andrew-bailey#casey-schmitt#joc-pederson