Chancellor David Banks announced plans to step down from leading New York City’s vast public school system, weeks after federal investigators seized his phones as part of a sprawling probe that has rocked Mayor Eric Adams’ administration.
City Hall confirmed the news in a statement, which said Banks’ last day would be Dec. 31.
The FBI took Banks’ personal and work phones on Sept. 4 during a search of the home he shares with his partner, Deputy Mayor Sheena Wright. Authorities also raided the home of Deputy Mayor for Public Safety Phil Banks, who is David’s brother. The investigation reportedly revolved around David and Phil’s youngest brother, Terence Banks, a retired MTA supervisor who recently founded a government relations firm.
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