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NYC Mayor Adams Indicted on $10 Million Bribery, Campaign-Finance Charges Amid Resignations

Oct 8, 2024, 12:05 PM

New York City Mayor Eric Adams faces significant political and legal challenges following his indictment on federal bribery and campaign-finance charges. The indictment has led to a series of high-profile resignations within his administration, including First Deputy Mayor Sheena Wright, who is set to be replaced by Maria Torres-Springer. Additionally, several other key aides, such as Mohamed Bahi, Winnie Greco, and Rana Abbasova, have resigned or been terminated amid ongoing federal investigations. Phil Banks and David Banks, who are also implicated, have resigned, with allegations that they funneled money to their brother, Terence Banks. The charges against Adams allege he obtained over $10 million in public matching funds for his 2021 campaign under false pretenses. The scandal has cast a shadow over his administration, leading to calls for reform and questions about his ability to govern effectively. Governor Kathy Hochul has urged Adams to clean house, while Adams remains committed to finishing his term and running for re-election.