Bank of England Governor Andrew Bailey warns of rising risks in the private credit markets, drawing parallels to pre-2008 financial crisis practices, amid recent failures of US companies First Brands and Tricolor, and considering a systemic stress test for the market.
Missouri Attorney General Andrew Bailey has been appointed as FBI co-deputy director, marking a significant personnel change amid efforts by the Trump administration to reshape the bureau.
Andrew Bailey, Missouri attorney general, has been appointed as co-deputy director of the FBI, marking the first time the agency has had two deputy directors, with Bailey bringing a background of fighting corruption and defending the Constitution.
The FBI appointed Missouri Attorney General Andrew Bailey as co-deputy director alongside Dan Bongino, signaling a potential transition as Bongino's tenure faces internal conflicts; Bailey's appointment is seen as a strategic move aligned with supporting President Trump's agenda.
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.
Andrew Bailey is stepping down as Missouri attorney general to join the FBI as co-deputy director, ending a tenure marked by confrontations with federal and local officials, high-profile lawsuits, and loyalty to Donald Trump, with his replacement to be appointed by Governor Mike Kehoe.
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.
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.
A Missouri judge has ordered Attorney General Andrew Bailey to approve Republican Auditor Scott Fitzpatrick's estimated $51,000 price tag on a proposed constitutional amendment to restore abortion rights in the state. Bailey had refused to approve the estimate, arguing that it could cost the state much more in lost Medicaid funding or revenue. If approved by voters, the proposal would enshrine in the constitution the individual right to make decisions about abortion, childbirth, and birth control. The Republican-led Legislature and governor had banned nearly all abortions after the U.S. Supreme Court overturned Roe v. Wade last summer.
A Missouri judge has ordered Attorney General Andrew Bailey to approve Republican Auditor Scott Fitzpatrick's estimated $51,000 price tag on a proposed constitutional amendment to restore abortion rights in the state. Bailey had refused to approve the estimate, arguing that it could cost the state much more in lost Medicaid funding or revenue. If approved by voters, the proposal would enshrine in the constitution the individual right to make decisions about abortion, childbirth, and birth control. The Republican-led Legislature and governor had banned nearly all abortions after the U.S. Supreme Court overturned Roe v. Wade last summer.
Bank of England Governor Andrew Bailey warns that the UK is experiencing a wage-price spiral, with domestic wage growth and price setting contributing to the persistence of inflation. This situation risks perpetuating "second-round effects," where workers demand higher wages to afford goods and services, leading to higher demand and pushing companies to raise prices. The UK inflation rate held above 10% in March, with core inflation steady at 5.7%. The Bank of England's monetary policy committee will continue to adjust its main bank rate "as necessary" to reach its 2% inflation target.
Missouri officials terminated an emergency rule proposed by the Republican attorney general that would have placed limits on transgender care for minors and some adults. The rule would have required adults and children to undergo more than a year of therapy and fulfill other requirements before they could receive gender-affirming treatments such as puberty blockers, hormones and surgery. The ACLU of Missouri filed a lawsuit to stop it, arguing that Bailey bypassed the Legislature and did not have the authority to regulate health care through Missouri’s consumer-protection law.
Missouri officials have terminated an emergency rule proposed by the Republican attorney general that would have placed limits on transgender care for minors and some adults. The rule would have required adults and children to undergo more than a year of therapy and fulfill other requirements before they could receive gender-affirming treatments such as puberty blockers, hormones, and surgery. The move was announced without explanation on the Missouri Secretary of State’s website. The ACLU of Missouri had filed a lawsuit to stop the rule, arguing that Bailey bypassed the Legislature and did not have the authority to regulate health care through Missouri’s consumer-protection law.
Missouri Attorney General Andrew Bailey withdrew an emergency rule that would have limited care for transgender children and adults. However, a bill passed by the Republican-controlled state legislature earlier this month prohibits gender-affirming treatment for minors but not adults, and Gov. Mike Parson is expected to sign it. Bailey said because the legislature acted, the rule was no longer necessary. The rule would have prohibited providers from offering surgery, hormone therapy and other treatments to transgender people unless they had resolved all mental health issues, undergone at least 15 hours of therapy and displayed three documented years of gender dysphoria.
Missouri Attorney General Andrew Bailey has withdrawn his emergency rule on gender-affirming care, which would have set barriers to accessing puberty blockers, hormone therapy, and gender-affirming surgery for adults. The ACLU of Missouri filed a lawsuit in April to block the rule, and a judge put it on hold until July. Bailey did not state the reasoning for revoking the order, but if he wishes to enact it, he must restart the process. The now-terminated emergency order would have affected adults, causing fear in the LGBTQ+ community.