Former Fed Chair Ben Bernanke joins Anthropic's AI oversight trust
On July 9, 2026, AI company Anthropic appointed former Federal Reserve Chair and Nobel laureate Ben Bernanke to its Long-Term Benefit Trust, an independent governance body that appoints board members and ensures the company balances commercial success with public benefit. Bernanke will advise on AI’s economic impact, workforce disruption, and societal risks. He joins three other trustees with no equity in the company. Anthropic, valued at $965 billion, is preparing for a potential IPO.
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Former Fed Chair Ben Bernanke Joins Anthropic's AI Oversight Body
Anthropic has appointed former Federal Reserve Chairman Ben Bernanke to its Long-Term Benefit Trust (LTBT), an AI oversight body. Bernanke will provide guidance on AI risks, societal impacts, and economic changes, as well as lead insight into Anthropic's economic research. The LTBT is designed to ensure Anthropic, a Public Benefit Corporation, balances financial growth with public interest goals. Bernanke, who led the Fed from 2006-2014 and won the Nobel Prize in Economics in 2022, joins other LTBT members including Neil Buddy Shah, Richard Fontaine, and Mariano-Florentino Cuellar. Anthropic co-founder Daniela Amodei highlighted Bernanke's expertise in economic disruption and crisis management as valuable for anticipating AI's effects on global workforces and economies.
Yahoo FinanceAnthropic Appoints Former Fed Chair Ben Bernanke to AI Oversight Board
Anthropic, the AI company behind the Claude model, announced that former Federal Reserve Chairman Ben Bernanke has joined its independent oversight body, the Anthropic Long-Term Benefit Trust. Bernanke, who led the U.S. central bank through the 2008 financial crisis and won the 2022 Nobel Prize in Economics, will help assess AI's effects on workforces and the broader economy. The Trust has the power to appoint Anthropic board members and advises on AI's societal impact. Bernanke joins three other members: social entrepreneur Neil Buddy Shah, former Bush administration national security official Richard Fontaine, and former Biden intelligence advisor Mariano-Florentino Cuéllar. The appointment comes amid warnings from investors about AI investment resembling past speculative bubbles, and follows a period of tension between Anthropic and the Trump administration over export controls on the company's AI models.
Yahoo FinanceFormer Fed Chair Ben Bernanke Joins Anthropic's AI Oversight Trust
Anthropic, an AI startup, announced on July 9, 2026, that it has appointed former U.S. Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust. This independent oversight body is responsible for ensuring the company remains committed to its public mission as a public benefit corporation, balancing commercial success with social benefit. Bernanke, a Nobel laureate in economic sciences who led the Fed through the 2008 financial crisis, joins other trust members Neil Buddy Shah, Richard Fontaine, and Mariano-Florentino Cuellar. The trust members have no financial stake in Anthropic and hold the power to appoint and remove a majority of the company's corporate board members. Bernanke emphasized the enormous potential of AI and the importance of building proper institutions around it.
Yahoo FinanceFormer Fed Chair Ben Bernanke Joins Anthropic's AI Oversight Trust
On July 9, 2026, AI startup Anthropic announced the appointment of former U.S. Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust, an independent oversight body responsible for ensuring the company remains committed to its public mission. Bernanke, a Nobel laureate in economic sciences who led the Fed from 2006 to 2014 and steered the central bank through the 2008 financial crisis, joins three other independent members—Neil Buddy Shah, Richard Fontaine, and Mariano-Florentino Cuellar—who have no financial stake in the company. The trust has the power to appoint and remove a majority of Anthropic's corporate board members. Anthropic operates as a public benefit corporation, aiming to balance commercial success with social and public benefit. Bernanke emphasized that the potential of AI is enormous and that outcomes will depend on the institutions built around it.
Yahoo FinanceAnthropic appoints former Fed Chair Ben Bernanke to its Long-Term Benefit Trust
Anthropic, the AI company valued at $965 billion, announced the appointment of former Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust. The trust is an independent governance body that advises the company and appoints its board members. Bernanke, who served as Fed chair from 2006 to 2014 and won the Nobel Prize in economics in 2022, will help Anthropic understand how AI is changing the economy. He joins three other trustees: Neil Buddy Shah, Richard Fontaine, and Mariano-Florentino Cuéllar. Trust members hold no equity in Anthropic and are paid only for their time and service. The company, founded in 2021 by former OpenAI researchers, is preparing for a potential IPO as soon as this year.
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