Treasury secretary signals he is ready to resign

Saturday, May 27, 2006

WASHINGTON -- Treasury Secretary John Snow, a loyal lieutenant on the White House economic team, has signaled he is ready to resign once President Bush picks a successor, administration officials and people close to Snow say. Snow has made clear to the White House that he intends to return to the private sector, these people said. They spoke on condition of anonymity because Snow is not ready to discuss his plans publicly. It was unclear when Snow would offer his resignation, these people said. Bush said he had heard nothing about it.

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