{"id":2628858,"date":"2026-07-12T12:46:59","date_gmt":"2026-07-12T16:46:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tech-giant-dredges-up-major-player-from-great-recession-saga-to-be-ai-watchdog\/"},"modified":"2026-07-12T12:49:06","modified_gmt":"2026-07-12T16:49:06","slug":"tech-giant-dredges-up-major-player-from-great-recession-saga-to-be-ai-watchdog","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tech-giant-dredges-up-major-player-from-great-recession-saga-to-be-ai-watchdog\/","title":{"rendered":"Tech Giant Dredges Up Major Player From Great Recession Saga To Be AI Watchdog"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftech-giant-dredges-up-major-player-from-great-recession-saga-to-be-ai-watchdog%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2628858&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Artificial intelligence company Anthropic has announced the appointment of former Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust. Bernanke,known for overseeing the 2008 financial crisis adn pioneering quantitative easing during his tenure,will now advise on AI-related risks,societal impacts,and help in selecting board members. He expressed his honor and emphasized the importance of responsible governance in AI advancement for humanity\u2019s long-term benefit. Bernanke joins other prominent figures on the trust, including leaders from fields such as health, security, and international affairs. The move highlights the importance of leadership and oversight in steering AI development towards beneficial outcomes.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><\/p>\n<p>Artificial intelligence giant Anthropic announced Thursday that it has appointed former Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust.<\/p>\n<p>After being appointed by President George W. Bush, Bernanke served as Federal Reserve Chair from 2006 to 2014, presiding over financial crisis of 2008. In his new position Bernanke will be responsible for advising leadership decisions involving artificial intelligence risks and societal impacts as well as appointing Anthropic board members, <a href=\"https:\/\/finance.yahoo.com\/technology\/ai\/articles\/anthropic-adds-ben-bernanke-long-171321730.html\" target=\"_blank\" rel=\"noopener noreferrer\">according<\/a> to Yahoo Finance.<\/p>\n<p>\u201cHe [Bernanke] joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit on humanity,\u201d Anthropic\u2019s Thursday press release <a href=\"https:\/\/www.anthropic.com\/news\/ben-bernanke\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a>.<\/p>\n<p>Anthropic did not immediately respond to the Daily Caller News Foundation\u2019s request for comment.<\/p>\n<p>\u201cThe potential of Artificial Intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build it around,\u201d Bernanke <a href=\"https:\/\/www.anthropic.com\/news\/ben-bernanke\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> in a statement released by Anthropic.<\/p>\n<p>\u201cAnthropic has created a unique governance structure to try to ensure that the long-run benefits of AI for humanity far outweigh the risks,\u201d Bernanke said, according to the statement. \u201cI am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission.\u201d<\/p>\n<p>When Bernanke served as Federal Reserve Chair, he was known for pioneering the <a href=\"https:\/\/amzn.to\/3YuVZYV\" >heavily scrutinized monetary policy quantitative easing<\/a> (QE).<\/p>\n<p>\u201cThe quantitative easing scheme involved the unconventional purchase of Treasury bond securities and mortgage-backed securities to increase the money supply in the economy,\u201d <a href=\"https:\/\/www.investopedia.com\/terms\/b\/benbernanke.asp\" target=\"_blank\" rel=\"noopener noreferrer\">according<\/a> to Investopedia.<\/p>\n<p>After leaving his role as Federal Reserve Chair he served in organizations such as the Brookings Institution, Citadel, and Pimco. In 2022 he received a Nobel Prize in economics for research on Great Depression causes, <a href=\"https:\/\/www.cnbc.com\/2026\/07\/09\/anthropic-fed-chair-bernanke-independent-trust.html?msockid=3c006540fb9b62c417e9718cfa256395\" target=\"_blank\" rel=\"noopener noreferrer\">according<\/a> to CNBC.<\/p>\n<p>Bernanke will be the fourth member of the trust and join Neil Buddy Shah, CEO of the Clinton Health Access Initiative, Richard Fontaine, a national security expert, and Mariano-Florentino Cuellar, an international affairs expert, according to CNBC.<\/p>\n<div class=\"disclaimer\">\n<p>All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter\u2019s byline and their DCNF affiliation. 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