Joe Lhota resigns as MTA chairman
(New York Post Local News)

Joe Lhota has resigned as chairman of the MTA. Fernando Ferrer, the transit agency’s vice chairman, will become acting chair, the Wall Street Journal reported Friday. Lhota, 64, was named chairman last year as repeated subway breakdowns became a major issue. But he agreed to do the job on a part-time basis, while remaining chief...