Anthropic has announced that Ben Bernanke, who previously led the United States Federal Reserve, will join its Long-Term Benefit Trust. The artificial intelligence company made the announcement public on Thursday, July 9.
https://twitter.com/KobeissiLetter/status/2075260297120555205?s=20
The Long-Term Benefit Trust serves as Anthropic’s independent oversight mechanism. This body provides strategic guidance to the organization and maintains the authority to select and dismiss the majority of its board representatives.
Bernanke’s tenure as Federal Reserve chair spanned from 2006 through 2014. He succeeded Alan Greenspan and navigated the central bank through the tumultuous 2008 financial crisis, implementing unprecedented policies including near-zero interest rates and large-scale asset purchases.
Following his departure from the Fed, Bernanke accepted positions with the Brookings Institution, Citadel, and Pimco. His academic work examining the factors behind the Great Depression earned him the Nobel Prize in Economics in 2022.
“Artificial intelligence holds tremendous potential, but its trajectory remains uncertain,” Bernanke stated. “The ultimate impact will be shaped significantly by the governance frameworks we establish today.”
The Long-Term Benefit Trust functions separately from [[LINK_START_0]]Anthropic’s[[LINK_END_0]] executive leadership and financial backers. Trust participants are selected based on their diverse professional backgrounds and specialized knowledge.
A defining feature of the trust is that its members receive no equity compensation in Anthropic. Their remuneration is strictly limited to payment for their time and contributions. The existing trustees collaborate with company leadership to identify and appoint new members.
With Bernanke’s addition, the trust now comprises four members. The other trustees include Neil Buddy Shah, who leads the Clinton Health Access Initiative, Richard Fontaine, a specialist in national security matters, and Mariano-Florentino Cuéllar, an expert in international affairs who joined in January 2026.
Anthropic emerged in 2021 when a group of researchers and senior leaders departed from OpenAI. The organization is structured as a public benefit corporation, a legal framework that requires balancing profit motives with positive societal impact.
The company’s current valuation stands at $965 billion. Leadership is evaluating options for an initial public offering that could materialize within the current year.
Bernanke’s appointment is expected to provide Anthropic with deeper insights into artificial intelligence’s economic implications. His extensive experience with financial systems and managing large-scale economic challenges is considered particularly valuable for this mission.
The addition of Bernanke brings significant economic expertise to a trust already dedicated to ensuring responsible AI development and long-term safety considerations.
As Anthropic moves closer to a possible public market debut later this year, the company continues strengthening its governance infrastructure.
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