U.S. President Donald Trump has acknowledged both the potential and risks of artificial intelligence in the banking sector, stressing the need for careful oversight. In a recent interview with Fox Business Network, he said AI could likely be trusted in banking, but also warned that proper safeguards are essential.
Trump noted that AI has the potential to significantly improve banking operations by making them safer, more efficient, and more secure. At the same time, he emphasized that governments should retain the ability to control or even shut down AI systems if they pose a threat or are misused.
His remarks come amid growing discussions around advanced AI tools such as Claude Mythos developed by Anthropic. The model is designed to detect cyber threats and vulnerabilities in critical systems, including banking infrastructure. However, its powerful capabilities have also raised concerns about potential misuse and unintended consequences. Currently, it is being tested with select companies under a limited release program.
Reports suggest that Anthropic has been engaging with the U.S. government to ensure better understanding and oversight of such advanced AI technologies, especially as they evolve rapidly.
Meanwhile, competition in the AI cybersecurity space is intensifying. OpenAI has introduced a specialized version of its model, GPT 5.4 Cyber, aimed at helping security professionals identify vulnerabilities, analyze threats, and build stronger defense systems.
Overall, Trump’s comments reflect a balanced stance—recognizing AI’s transformative potential in banking while underlining the importance of regulation to prevent risks and ensure stability.
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