| Schools Chancellor David Banks, who assumed his role as head of the nation's largest school system in New York City two years ago, is stepping down, according to a report. Banks, a longtime friend of Mayor Eric Adams who appointed him in December 2021, is resigning as he faces scrutiny over his ties to a federal investigation. The probe is centered around the role his consultant brother Terence played in a potential bribery scheme involving city contracts. Read the latest
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