Fed Chair Jerome Powell, Treasury’s Bessent, and Top Bank CEOs Meet to Address Cybersecurity Risks from Anthropic’s Mythos AI Model
April 10, 2026 – Washington, D.C. — Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent convened a closed-door meeting Tuesday with leading bank CEOs to discuss cybersecurity risks posed by Anthropic’s latest artificial intelligence model, Mythos, a source familiar with the discussions told CBS News.
The session, held at the Treasury Department’s headquarters, brought together financial industry leaders amid growing concerns about the potential vulnerabilities emerging from advancements in AI technology. Though JPMorgan Chase CEO Jamie Dimon was invited, sources indicated he was unable to attend.
The meeting, first reported by Bloomberg News, underscores the increasing attention from top government officials and financial executives on how next-generation AI models could affect the security of critical infrastructure, including financial systems.
Anthropic’s Mythos: Powerful AI with Security Implications
Anthropic, the AI research company behind the generative AI chatbot Claude, announced on Tuesday the launch of a new initiative, Project Glasswing, involving major tech giants such as Amazon, Apple, and Nvidia. This collaboration aims to utilize Mythos to bolster cybersecurity defenses.
Due to Mythos’s sophisticated abilities, Anthropic has decided against a broad public release. The model’s advanced capabilities have already exposed vulnerabilities in widely used operating systems and web browsers. These findings raise concerns about how such powerful AI tools could be misused if they proliferate beyond entities committed to responsible deployment.
“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,” Anthropic stated. The company emphasized that unchecked spread of these capabilities could have serious repercussions on economies, public safety, and national security.
Project Glasswing represents an “urgent attempt to put these capabilities to work for defensive purposes,” Anthropic noted, signaling the company’s commitment to addressing the risks posed by advanced AI models.
Government Response and Ongoing Coordination
A Treasury Department spokesperson confirmed the agency’s proactive stance in urging financial institutions to prepare for emerging cybersecurity threats linked to AI advances. “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,” the spokesperson said.
While the official did not specify details about the AI-related discussions, they noted that “additional coordination meetings by Treasury are planned across a number of regulators and institutions on an ongoing basis to address these developments, as well as a host of other issues.”
The Federal Reserve declined to comment on the closed-door meeting.
Last year, the Biden administration categorized AI as a potential risk factor to financial stability for the first time, highlighting the growing awareness of artificial intelligence’s implications on the economy and security.
Looking Ahead
As AI continues to evolve rapidly, its intersection with cybersecurity — particularly in sensitive sectors like finance — remains a pressing issue for policymakers and industry leaders alike. Anthropic’s Mythos, with its advanced ability to detect system vulnerabilities, exemplifies both the promise and peril of next-generation AI technologies.
The recently held meeting signals an increased urgency among U.S. government agencies and top financial institutions to collaborate closely in managing AI-related risks, ensuring that technological innovation does not outpace safety measures.
About the Authors:
Aimee Picchi is Associate Managing Editor for CBS MoneyWatch, covering business and personal finance, with previous experience at Bloomberg News, USA Today, and Consumer Reports.
Richard Escobedo reports on economic policy for CBS News and serves as a coordinating producer at Face the Nation. He joined CBS News in 2018. —
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