Treasury Secretary Bessent and Fed Chair Powell Warn Bank CEOs About Anthropic Model Risks

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with Wall Street leaders this week to discuss concerns about Anthropic's Mythos artificial intelligence model. The high-level summit focused on potential cybersecurity and financial stability risks posed by the advanced AI system. The meeting represents an unprecedented level of federal concern about a specific AI model from a private company. Bessent and Powell reportedly warned bank executives that Mythos could usher in an era of heightened cyber risk for the financial sector. Anthropic, founded by former OpenAI researchers, has developed the Mythos model as part of its Claude AI family. The model's capabilities have apparently triggered alarm among top U.S. financial regulators regarding its potential misuse. The summit highlights growing government attention to AI risks in critical infrastructure. Financial institutions are increasingly deploying AI systems for trading, risk assessment, and customer service, creating new vulnerabilities. The meeting took place on Tuesday, according to sources familiar with the matter. Neither the Treasury Department, Federal Reserve, nor Anthropic immediately commented on the discussions.