What the Fed Can Do About Anthropic’s Latest System

Anthropic has said that its new mythos preview is too dangerous for public release. And Secretary Bessent and Chair Powell called in the heads of the major banks to warn them about it. -I applaud Secretary Bessent for doing that.One of the things we always were focused on the risk to the banking system, the risk for any kind of cyber-attack. You're just getting in and change the ones and zeros around in the banking system. So much of it rests on our banking system.So nothing is more important. -We need to d ...