NYC Deputy Mayor of Safety Sees Net Worth More Than Triple
- Phil Banks is one of Mayor Eric Adams’s closest advisers
- Ex-police chief surfaced in federal probes, was never charged
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The ex-police chief who now serves as New York City’s deputy mayor for public safety and is one of Mayor Eric Adams’s closest advisers has seen his net worth more than triple in the last eight years.
Phil Bank’s assets and investments were worth as much $6.45 million in 2021, according to financial disclosures released Monday by the New York City Conflicts of Interest Board. That’s up from as much as $1.74 million in 2014, when he resigned from the New York Police Department as its highest-ranking uniformed officer.