University of Pennsylvania President Resigns

UPenn Board of Trustees Chairman Scott Bok also said he would step down following the announcement of Magill's resignation.

Magill decided to "voluntarily" tender her resignation but will remain a tenured faculty member at the university's law school, according to a UPenn statement.

Magill and Penn's Board of Trustees did not immediately respond to CNBC's request for comment.

Magill has faced mounting pressure to resign over the past few days after she wavered on whether calls for the genocide of Jews would violate Penn's code of conduct at a House Committee on Education and the Workforce hearing.

Over 70 lawmakers signed a bipartisan letter on Friday calling for the resignation of Magill, along with Harvard University President Claudine Gay and Massachusetts Institute of Technology President Sally Kornbluth, who similarly floundered on the question.

"One down. Two to go," said House Rep. Elise Stefanik, R-NY, the congressmember who posed the question at Tuesday's hearing. "This is only the very beginning of addressing the pervasive rot of antisemitism that has destroyed the most 'prestigious' higher education institutions in America." 

the threat of rising Islamophobia.

“During these difficult days, I have felt the bonds of our community strained,” Gay told lawmakers.

UPenn President M. Elizabeth Magill came under fire for the Palestine Writes Festival, an event hosted at her university in September that was a flashpoint of antisemitism, according to a complaint submitted to the Department of Education.CBSN VOA