Federal Reserve Chair Jerome Powell, Treasury’s Scott Bessent, and Top Bank CEOs Convene Over Cybersecurity Concerns Tied to Anthropic’s Latest AI Model
April 10, 2026 — Washington, D.C. — Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent held a closed-door meeting on Tuesday with chief executives from leading banks to discuss potential cybersecurity risks associated with Anthropic’s newest advanced AI model, known as Mythos. The meeting comes as concerns mount over the far-reaching implications of powerful artificial intelligence technologies on financial systems and national security.
According to sources who spoke with CBS News, the gathering was hosted at the Treasury Department’s headquarters in Washington, D.C., with participation from several top banking leaders. JPMorgan Chase CEO Jamie Dimon was invited but unable to attend.
Addressing Emerging Cybersecurity Threats from AI
Anthropic, the AI research company behind the generative chatbot Claude, recently unveiled Mythos—an AI model with capabilities so advanced that it has revealed vulnerabilities in widely used operating systems and web browsers. Recognizing the dual-use nature of such technology, Anthropic announced Tuesday that it is launching Project Glasswing, a collaborative initiative involving major tech companies like Amazon, Apple, and Nvidia. The project’s goal is to apply Mythos’s formidable capabilities to bolster cybersecurity defenses proactively.
In a statement, Anthropic emphasized the urgency:
“Given the rate of AI progress, it will not be long before such capabilities proliferate, potentially beyond actors who are committed to deploying them safely. The fallout—for economies, public safety, and national security—could be severe.”
Anthropic further noted that Mythos will not be widely released due to its heightened risk profile.
Government’s Ongoing Efforts to Mitigate AI Risks
A Treasury Department spokesperson told CBS News that the agency is actively encouraging financial institutions to prepare for these new AI-related security challenges. The spokesperson said,
“President Trump and the administration are continuing to engage on AI security in a thoughtful manner. The White House has been leading an ongoing core interagency taskforce, which includes the Treasury, that has been proactively engaging across the government and industry to execute the first phases of a plan to ensure the United States and Americans are protected.”
Additional coordination meetings involving the Treasury and various regulatory agencies are planned to address not only AI developments but a broad range of emerging financial security concerns, the spokesperson added.
A representative for the Federal Reserve declined to comment on the specifics of Tuesday’s meeting.
Context: AI as a Financial Stability Risk
The Biden Administration had previously identified artificial intelligence as a potential threat to financial stability back in 2023—a first-of-its-kind designation reflecting growing awareness about AI’s implications for critical infrastructure and economic systems.
As AI technology rapidly evolves, regulators and industry leaders are increasingly seeking ways to stay ahead of vulnerabilities and potential misuse, especially as innovations like Anthropic’s Mythos push the boundaries of what these systems can accomplish.
About Anthropic and Mythos
Anthropic is a cutting-edge AI company focused on building safe and steerable systems. Its latest AI model, Mythos, demonstrates significant advancements in identifying security risks, prompting both excitement and caution among experts and government officials alike.
For additional CBS News coverage on AI, cybersecurity, and economic policy, visit CBS News MoneyWatch.
Reporters: Aimee Picchi and Richard Escobedo, CBS News
Edited by Alain Sherter
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