Wednesday, April 15, 2026

Trump summons bank leaders over terrifying new threat to global financial system







Time to get nervous guys. And is this now penetrating all hostile powers?  Eyes wde open.  

If your security is challenged then finally, so is Chinas.

Of course, this could all be a targeted publicity stunt.  Just saying.


Trump summons bank leaders over terrifying new threat to global financial system

By ROSS IBBETSON, ASSOCIATE EDITOR and WILLIAM HUNTER

Published: 08:58 EDT, 10 April 2026 | Updated: 12:33 EDT, 10 April 2026




The Trump administration has summoned America's most powerful bank chiefs to an urgent closed-door meeting over an AI model its makers warn could bring down a blue-chip company or breach national defense firewalls.

Treasury Secretary Scott Bessent and Federal Reserve Chairman Jerome Powell convened the session at Treasury headquarters in Washington, DC on Tuesday to address Mythos, a new model from AI giant Anthropic.

Anthropic had announced Mythos the same day, revealing that the model surprised coders by hacking into the company's own networks during internal testing.

The meeting was called at short notice for banks classified as systemically important, whose stability is considered vital to the global financial system, Bloomberg reported.

Among the bosses summoned were Citigroup's Jane Fraser, Morgan Stanley's Ted Pick, Bank of America's Brian Moynihan, Wells Fargo's Charlie Scharf and Goldman Sachs's David Solomon. Jamie Dimon of JPMorgan was unable to attend.

Only around 40 carefully vetted firms have been granted access to Mythos, which arrives off the back of Anthropic's Claude Code, the tool that sent Silicon Valley into a frenzy with its ability to generate entire programs from a single line of text.

The Pentagon is already a customer, having deployed Anthropic's earlier models in the operation to seize Nicolas Maduro and during the Iran conflict.

Anthropic said it had held discussions with US officials ahead of the release about Mythos and its 'offensive and defensive cyber capabilities.'

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