NYC Schools Chief Announces Retirement Amid Federal Investigations

New York City Schools Chancellor David Banks is retiring amid a series of federal investigations that continue to rock Mayor Eric Adams’s administration.
Banks, appointed two years ago by Adams to lead the nation’s largest public school system, said Tuesday that he will step down at the end of this year.
“I want to thank Mayor Adams for giving me the opportunity to serve as chancellor, and I am immensely proud of the progress we’ve made together,” Banks said in a statement, highlighting his signature policies such as an ongoing overhaul of the way the city’s more than 910,000 students are taught to read….