NYC Schools Chancellor David Banks to Resign and Retire by Dec. 31 Amid Federal Investigation

Sep 24, 2024, 08:04 PM

New York City Schools Chancellor David Banks has announced his resignation, effective December 31, amid a federal investigation. Banks' departure follows a series of resignations within the Adams administration, which is currently facing leadership shakeups and federal probes. Sources indicate that Banks' personal and professional phones were seized, and his apartment was raided by federal authorities two weeks ago. Banks is both resigning and retiring by the end of the year.