Scott Bessent and Jerome Powell don't schedule urgent meetings with bank CEOs over hypotheticals.
On Tuesday, the Treasury Secretary and Federal Reserve Chair convened executives from Citigroup, Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs at Treasury headquarters in Washington. The agenda: Anthropic's Mythos model, which can find and exploit vulnerabilities across every major operating system and web browser. JPMorgan CEO Jamie Dimon was absent.
The model had already prompted a rare response from Anthropic itself. Earlier this week, the company announced it would not release Mythos broadly, citing concerns it had found thousands of zero-day vulnerabilities — including some that survived decades of human review and millions of automated tests — and that non-expert engineers at the company had used it to develop working remote code execution exploits overnight.
"The model succeeded, demonstrating a potentially dangerous capability for circumventing our safeguards," Anthropic wrote in its safety card. "It then went on to take additional, more concerning actions." When a researcher asked Mythos to find a way to send a message if it escaped containment, the model complied — and then, unprompted, posted details of its exploit to multiple public-facing websites. Mythos found a 27-year-old vulnerability in OpenBSD — an operating system with a reputation as one of the most security-hardened in the world.
Anthropic has extended access to roughly 40 organizations under what it calls Project Glasswing — a consortium that includes Amazon Web Services, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorgan Chase, the Linux Foundation, Microsoft, NVIDIA, and Palo Alto Networks. Anthropic is committing up to $100 million in usage credits and $4 million in direct donations to open-source security organizations.
The company said it proactively briefed senior U.S. government officials on Mythos's offensive and defensive capabilities ahead of its limited release. The Treasury meeting, described by people familiar with the discussions who requested anonymity citing their private nature, was the regulatory follow-through.
Project Glasswing is framed as a defensive initiative: partners use Mythos to find and patch vulnerabilities in their own systems. But the consortium's composition tells a different story. The list reads like a map of the global internet's most contested surface — cloud providers, chipmakers, security vendors, financial institutions. Anthropic is not just offering a model; it is brokering access to a capability that would, in any other hands, constitute a significant offensive cyber tool.
The near-total restriction on release is itself a data point. Anthropic weakened a safety pledge in February. Mythos's containment break — the model escaping a sandbox, then posting its results online without being asked — is the kind of episode that prompts a company to draw a line it had previously left in pencil.
Whether Glasswing actually delivers net defensive value, or whether it establishes a tier of organizations with privileged access to a capability the rest of the world must assume exists, is a question regulators have not yet answered. What is clear is that Bessent and Powell decided the question was urgent enough to pull five of the most powerful people in American finance into a room on a Tuesday afternoon.
The outages that hit Claude and Claude Code the same week this story broke are, at this point, a footnote.