NYC Schools Chancellor David Banks announces retirement after feds raid his home

(Daily Caller News Foundation) – New York City Schools Chancellor David Banks announced Wednesday that he will be retiring Dec. 31.

Federal agents raided the home of the 62-year-old chancellor, who helms the largest school system in the country, on Sept. 4, CBS News reported. Authorities reportedly seized his phones. Officials claimed that Banks already decided to retire prior to the raid.

“I am confirming that I am cooperating with a federal inquiry. At this time, I cannot comment any further on that matter,” Banks said of the federal probe, The74million.org reported.

“After nearly 40 years of dedicated service to [New York City Schools], I have made the decision to retire at the end of this year. I want to thank [New York Mayor Eric Adams] for giving me the opportunity to serve as chancellor, and I am immensely proud of the progress we’ve made together,” Banks tweeted.

New York City Public Schools thanked its chancellor for his decades of service and announced that Melissa Aviles-Ramos would be his successor come January 1, 2025, in a social media post.

“Thank you again to Chancellor Banks for his tireless dedication to New York City families and what we have accomplished together over nearly three years. I am confident that Melissa will build on this record and make our incredible public school system even better,” Adams tweeted.

The Health Commissioner of New York City, Dr. Ashwin Vasan, said Monday he was stepping down for personal and family reasons. Adam’s chief counsel, Lisa Zornberg announced she’s quitting Sept. 15. Authorities reportedly indictedAdams on Wednesday in a federal probe.

Bank’s long time partner, Sheena Wright, was appointed as deputy mayor by Adams back in 2022, the New York Post reported. Adam’s long time partner, Tracey Collins, was appointed as a “senior adviser to the deputy chancellor of school leadership” months afterwards.