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WASHINGTON— Anthropic’s Claude Mythos Preview is showing a new level of offensive cyber capability that credit unions and other financial institutions should view as an immediate, not theoretical, risk, with new testing from the U.K.’s AI Security Institute finding the model could autonomously complete a full corporate network intrusion from reconnaissance to total takeover in a controlled environment, according to CareersInfoSecurity.

WASHINGTON—An attorney for the Federal Housing Finance Agency told the U.S. Court of Appeals for the D.C. Circuit this week that FHFA had broad authority to act in its own interests as conservator for Fannie Mae and Freddie Mac after the 2008 housing crash, and did not have to put the companies’ private shareholders first, according to Law360’s report on the hearing.

SACRAMENTO, Calif.— PNC Bank, U.S. Bank and Wells Fargo have each been hit with separate proposed class-action lawsuits alleging they improperly shared sensitive financial data from website visitors with third parties without consent, according to Bloomberg Law.

MCLEAN, Va.--The 30-year fixed-rate mortgage continued to fall, averaging 6.23% this past week, Freddie Mac reported.

WASHINGTON—Bank lending to private equity funds, private credit firms and other nondepository financial institutions climbed to $1.4 trillion at year-end 2025, making it the fastest-growing loan category for banks since the 2008 financial crisis, according to the FDIC, which said the exposure is increasingly concentrated among the largest institutions, Law360 reported.

WASHINGTON--A Capitol Hill meeting brought America’s Credit Unions leaders—including President/CEO Scott Simpson—together with House Financial Services Subcommittee on Financial Institutions Chairman Andy Barr (R-KY) Thursday.

WASHINGTON--The Financial Crimes Enforcement Network (FinCEN) should use its existing statutory and regulatory authority to update Currency Transactions Report (CTR) and Suspicious Activity Report (SAR) thresholds. A letter sent to FinCEN Thursday from America’s Credit Unions details why the updates are needed, based on direct feedback from credit unions. 

SEATAC, Wash.—A Las Vegas woman has filed a proposed class action against $130-million Alaska Air Group Credit Union here, alleging the CU failed to use reasonable cybersecurity safeguards before a March cyberattack exposed member data, according to Law360.