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Ex-Fed Chair Bernanke Joins Anthropic's Oversight Trust

July 9, 2026 at 12:36 EDT

Policy & Regulation
Funding & M&A

Anthropic announced on July 9, 2026, that it has appointed former Federal Reserve Chairman Ben Bernanke as a new member of its Long-Term Benefit Trust (LTBT), the company's governance body. Bernanke, currently a Distinguished Fellow at the Brookings Institution, brings the trust to a five-member roster. (Anthropic, Bloomberg)

July 9, 2026 · Anthropic

Ben Bernanke Joins Anthropic's Oversight Trust

The former Federal Reserve Chairman becomes the fifth member of Anthropic's Long-Term Benefit Trust, adding deep economic expertise to the independent body that governs the company's public mission.

Members now on the Long-Term Benefit Trust

4 yrs

Timeframe over which the trust is designed to hold a board majority

Economic rights: trustees hold no stock and take no profit

The Five Trustees & Their Expertise

Independent of management and investors — chosen to broaden the trust's insight into AI's impact.

Neil Buddy Shah — Chair

Global health

Richard Fontaine

National security

Mariano-Florentino Cuéllar

Law and international affairs

Ben Bernanke — NEW

Economics and monetary policy

Who Is Ben Bernanke

2006–2014

Chairman of the U.S. Federal Reserve; led the response to the 2008 financial crisis

2022

Nobel Prize in Economics for research on the Great Depression

A turning point

The trust holds special Class T shares granting real governance power — including appointing and removing board directors. It has already reached board majority, adding Novartis CEO Vas Narasimhan as a director.

The skeptics

Critics question whether the trust's enforcement power is transparent, arguing it could be effectively powerless. How economic analysis feeds its decisions is the point to watch.

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