New York’s MTA Chairman Joe Lhota Resigns

Joe Lhota has resigned as chairman of the Metropolitan Transportation Authority, the latest in a series of departures from the administration of New York Gov. Andrew Cuomo as he prepares for a third term.

Fernando Ferrer, the MTA’s current vice chairman, will take the reins as acting chairman of the authority’s board and will run its meeting on Thursday, according to a state official.

Mr….

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