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Powell, Bessent discussed Anthropic's Mythos AI cyber threat with major U.S. banks

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Why This Matters

The discussion between Federal Reserve Chairman Jerome Powell, Treasury Secretary Scott Bessent, and major U.S. bank CEOs highlights the growing concern over cybersecurity threats posed by advanced AI models like Anthropic's Mythos. This underscores the importance of the financial sector's vigilance and collaboration in safeguarding against AI-driven cyber risks, which could have widespread implications for consumer data and financial stability.

Key Takeaways

Scott Bessent, Treasury Secretary (L), and Jerome Powell, chairman of the US Federal Reserve.

Federal Reserve Chairman Jerome Powell and Treasury Secretary Scott Bessent met with major U.S. bank CEOs this week to discuss the possible cyber risks raised by Anthropic's Mythos model, CNBC confirmed Friday.

The bank heads were already in Washington, D.C., for a Financial Services Forum board meeting when a special gathering was called on Tuesday to discuss Mythos, according to people familiar with the matter, who asked not to be named in order to share information about a confidential matter.

The CEOs had a dinner early in the week when they got the call to meet at the Treasury Department, one of the people said. JPMorgan' s Jamie Dimon was the only major banking CEO who could not attend the meeting, they added.

Bank of America 's Brian Moynihan, Citigroup 's Jane Fraser, Goldman Sachs CEO David Solomon, Morgan Stanley 's Ted Pick, and Wells Fargo CEO Charlie Scharf were all in attendance, Bloomberg reported, citing people familiar with the meeting.

Bloomberg and the Financial Times were first to report the special meeting.

The Federal Reserve declined to comment to CNBC. The Treasury Department and Anthropic did not respond to requests for comment.

Earlier this week, Anthropic rolled out the new artificial intelligence model, Claude Mythos Preview, in a limited capacity due to concerns that hackers could exploit its capabilities.

Banking giant JPMorgan Chase was among the initial launch partners for the cybersecurity initiative, known as Project Glasswing. Other partners include Apple , Google , Microsoft and Nvidia .