Banks, who previously had run a network of boys' schools, was named the schools chancellor in 2022 by Mayor Eric Adams.
New York City Schools Chancellor David Banks is expected to retire from his position by the end of the year, he shared in a letter to Mayor Eric Adams.
Word of the retirement came in direct contrast to what the mayor said earlier in the day, telling reporters that there was no mass exodus of officials from his inner circle. The devices may have been seized as part of an investigation into whether a third Banks brother obtained city contracts.
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