Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent met with the chief executives of major US banks on Friday (10 April) to discuss potential cyber risks posed by Anthropic’s Mythos model.
As reported by CNBC on Friday (10 April), the bank leaders were already in Washington, DC to attend a Financial Services Forum board meeting when a special session was convened on Tuesday to discuss Mythos, according to sources familiar with the matter who requested anonymity in order to share confidential information.
The US government is increasing its focus on potential cyber risks arising from advances in artificial intelligence (AI).
Several top bank executives attended the meeting, including:
Brian Moynihan (Bank of America)
Jane Fraser (Citigroup)
David Solomon (Goldman Sachs)
Ted Pick (Morgan Stanley)
Charlie Scharf (Wells Fargo)
Meanwhile, JPMorgan Chase CEO Jamie Dimon was reported to be absent.
The meeting took place at the US Department of the Treasury and was arranged at short notice, amid the CEOs’ scheduled participation in the financial industry forum.
According to media reports, the meeting reflects growing concern within the US government over increasingly advanced AI capabilities that could potentially threaten the stability of the financial system.
Anthropic’s latest AI model, “Claude Mythos Preview”, was previously released on a limited basis due to concerns over potential misuse by hackers. Several major technology companies, including Apple, Google, Microsoft and Nvidia, are also involved in cybersecurity initiatives related to the model.
Anthropic CEO Dario Amodei said that AI technology has significant potential to enhance cybersecurity, but also carries risks if not properly managed.
At the same time, the US government is said to have received briefings on the model’s offensive and defensive capabilities prior to its release. Government involvement has also come amid tensions between Anthropic and the US Department of Defense regarding the use of AI technology in military contexts.
Rapid developments in AI are prompting financial authorities and governments to strengthen oversight of potential systemic risks.
Looking ahead, regulation and collaboration between governments, the financial sector and technology companies will be key to ensuring AI is used safely without disrupting economic stability. (GA/LM)
Originally written by: Lisa Monica, Gilang Anugrah
Source: IDN Financials
Published on: 12 April 2026
Link to original article: The Fed and US Treasury gathered major bank CEOs to discuss AI risk
