Deputy Mayor Phil Banks Resigns amid federal investigation

Deputy Mayor for Public Safety Phil Banks has resigned, marking yet another high-profile exit from Mayor Eric Adams’ administration.

This departure is poised to deepen the scrutiny surrounding the mayor’s leadership during a tumultuous period.

The federal investigation into Banks has raised serious questions about his conduct, focusing on allegations that he may have directed city contracts toward companies represented by his younger brother Terence’s consulting firm, which secured millions of dollars in city deals. As deputy mayor, Banks was often seen as a “shadow police commissioner,” wielding significant influence over public safety matters.

Also Read: Authorities arrest four in drug bust, seize carfentanil in Suffolk County

Banks’ history with the New York Police Department (NYPD) adds further complexity to his resignation. He climbed the ranks to become chief of department but abruptly stepped down in 2014, just before he was set to be promoted to first deputy commissioner. It was later disclosed that his resignation occurred under federal scrutiny linked to a sweeping bribery scandal. The investigation identified Banks as an unindicted co-conspirator and uncovered $300,000 in mysterious transactions associated with his accounts.

Despite these controversies, Mayor Adams appointed Banks to the pivotal role of deputy mayor for public safety in 2022, a position that had remained vacant for three decades. This appointment drew scrutiny, particularly because City Hall officials did not promptly seek a waiver to employ Banks, who was eligible for a $252,000 salary while simultaneously collecting a substantial pension from his previous law enforcement career.

As the repercussions of Banks’ resignation unfold, questions linger about the future of Mayor Adams’ administration and the ongoing challenges it faces in the realm of public safety and ethical governance.

  • Related Posts

    Bronx Community Leader Sheikh Musa Drammeh Endorses Curtis Sliwa for Mayor

    Bronx interfaith leader and community organizer Sheikh Musa Drammeh has announced his official endorsement of Curtis Sliwa for Mayor of New York City, citing family values, public safety, and educational…

    Continue reading
    NYC to Issue $460 Million in Social Bonds to Expand Affordable Housing Development

    New York City Mayor Eric Adams has announced that the city will issue $460 million in taxable, fixed-rate General Obligation Social Bonds this month to fund the creation of nearly 2,200…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Mayor Adams Launches $10 Million Child Care Pilot for DCAS Employees to Make NYC the Best Place to Raise a Family

    Mayor Adams Launches $10 Million Child Care Pilot for DCAS Employees to Make NYC the Best Place to Raise a Family

    Bronx BP Gibson Commends $55 Million Investment in Fordham Landing South Project

    Bronx BP Gibson Commends $55 Million Investment in Fordham Landing South Project

    STEMDUP, RCNMO empower youth with hands-on robotics workshop

    STEMDUP, RCNMO empower youth with hands-on robotics workshop

    Bronx Community Leader Sheikh Musa Drammeh Endorses Curtis Sliwa for Mayor

    Bronx Community Leader Sheikh Musa Drammeh Endorses Curtis Sliwa for Mayor

    Bronx Borough President Gibson Marks Two Years Since Israel Terror Attack, Calls for Peace and Hostage Release

    Bronx Borough President Gibson Marks Two Years Since Israel Terror Attack, Calls for Peace and Hostage Release

    NYC to Issue $460 Million in Social Bonds to Expand Affordable Housing Development

    NYC to Issue $460 Million in Social Bonds to Expand Affordable Housing Development