WASHINGTON (CNN) – Gov. Sarah Palin announced Friday that she will step down as Alaska's chief executive by the end of the month. She will not seek election to a second gubernatorial term in 2010.
Palin, a Republican, was elected governor in 2006. She was tapped as Arizona Sen. John McCain's vice presidential running mate last year.
Palin said she was transferring authority to Lt. Gov. Sean Parnell, who will be sworn in on July 26.
"People who know me know that besides faith and family, nothing's more important to me than our beloved Alaska," Palin said at an announcement from her home in Wasilla.
"Serving her people is the greatest honor I could imagine."
Palin added in a statement that she was "determined to take the right path for Alaska even though it is not the easiest path. ... Once I decided not to run for re-election, I also felt that to embrace the conventional 'Lame Duck' status in this particular climate would just be another dose of 'politics as usual,' something I campaigned against and will always oppose."
A Republican source close to Palin's political team told CNN's John King that it was a "calculation" she made that "it was time to move on."
The governor's "book deal and other issues" were "causing a lot of friction up" in her home state, the source said, adding that he believes that she is "mapping out a path to 2012."
Another source, speaking on the condition of anonymity, said that Palin "thinks she has accomplished goals she has set forward. ... She sees what a positive influence she has had on people's lives from traveling the country in the last year."
As the 2008 GOP vice presidential nominee, Palin has been considered one of the front-runners for the next GOP presidential nomination. Her decision not to seek another term as governor is sure to stoke speculation that Palin is seriously eyeing a run for the White House.
In an interview last month with CNN's Wolf Blitzer, Palin said she was unsure about her re-election bid because she needed to focus on her state and her family.
"So, no decision yet on either 2010 or let alone 2012?" Blitzer asked.
"No decision that I'd want to announce today," Palin responded.
– CNN's Peter Hamby, John King, Mark Preston, and Alan Silverleib contributed to this report.
(Updated at 4:45 p.m. with additional information)
Hope Palin runs for Pres and beats the pants off of the Marxists.
By 2012 we will have hyperinflation and USA will look much like late 1970's w/Carter as Pres...that is where we are headed.
She cleaned up Alaska and more than likely is looking to clean up more than that – she put people in jail form both parties.
I"m sure her popular rating in Alaska will continue, and her resigning will upset many.
Wow. Hard to believe she'd turn her back on her state like that. Should we expect the same behavior if, God willing, she becomes President?
I though she was a pit bull!
She's taking heat from not just the media, but members of her own party. So she QUITS? Not because of any aspiration to higher office, but because "y'all are being mean to me?"
What a fantastic role model for female politicians. Hillary Clinton has more toughness in her little finger than Palin has in her entire body.
i bet she is something in the works as RNC Chair- wait we see..
Palin the quitter, Palin the punk. This is who you want to run our country, someone who can't even finish 1 term as a governor? She is a joke, and a bad one at even that.
Great move Sarah! When the going gets tought the "tough" quits!!!!
Good Luck on working 'outside" of gov. I hope you take this time to go back to school and learn something.
What? Was the actual work of governing too hard?? Don't want the job anymore now that the oil revenues aren't enough to prop up her socialist state? Go ahead and let her run for president – can't even complete one term as governor? This dilettante approach to government, the inability to take sound counsel, the tabloid-worthy family life, the wilfull celebration of ignorance and anti-intellectualism all should be immediate disqualifiers. And this is supposed to be the savior of the Republican party?
Up and quitting is not admirable, dontcha know.
The McCain campaign leaked the devastating email about her lies–and Todd's membership in AIP. It was a warning shot, "Don't run again."
The unflattering Vanity Fair article didn't help.
The only one she listens to is TODD PALIN. He's sick of being criticized, its straining their marriage and he gave her an ultimatum.
And....more emails from McCain may be on the way.
I'm betting that she's now going to devote herself full time to getting the 2012 Republican nomination.
Maybe she is planning a new career as a Tina Faye impersonator???
It doesn't show very much commitment to those who elected you when you suddenly decide to quit and relinquish all responsibility for your job.
Ms. Palin is an elected official. Being Governor is not just "some job" you can walk away from.
You are all so sickening! You are blogging that she didn't finish her term etc. etc. May I remind you so high and mighty dems that Obama didn't finish out his term. The people of IL ended up facing a governor who tried to sell his seat and a replacement who has questionable ethics regarding said seat.
So I don't think anybody needs to question why she is stepping down early. Maybe their is a personal matter she needs to attend to regarding her family. Despite the vile things you say about her, it is apparant to me as a mother that she loves her children and husband and that they come first in her life.
If she were a man you all wouldn't have a thing to say about it now would you?
Ooops - just realized: she's not Governor One-Term-And-Run - she's Governor Abandons-Ship-In-The-Middle-Of-Her-Term, Governor Turn-Tail, Governor Broken-Promises, Governor Chicken. The mind just boggles.
Pit Bull? Hardly! And she expects to have a political future? I don't think so...
With everyone trying to figure out what Palin's up to, two scenarios come to my mind: One, she's going to become a commercial fisher(woman) in order to compete against her husband, or two, she's going to divorce her husband and marry Dick Cheney after he dumps his wife.
Governor Pain's decision to step down to take care of Trig is implausable. Can you imagine her stepping down if she were Vice President? What is in the background forcing this decision? It's not her sons needs.
She also mentioned that she consulted with the most important members of her family ...her kids. Did she not include her husband ?
So, she cant handle being governor of Alaska, but her followers think she can be president??? She has just as much experience being governor as Obama did being senator... I cant wait to hear how the republicans dance around this being they tried to paint Obama as inexperienced... lol to funny.. The party of NO Clue..
Unlike that crooked Chicago politician we have in the White House now I'll bet she can find her birth certificate!
Democrats=Terrorist loving clueless scum.
I'm apalled at all the haters on this site. Where are all the women's lib people??? Oh that's right you only support liberal women. Can anyone not see how disgusting democrats are and how WRONG they are for America. Democrats are only for themselves not for everyone. All you haters disgust me. WE LOVE YOU SARAH and will stick behind you with whatever you choose to do with your career. All the ones who have anything negative to say about you are very sad people who choose to hate and condone hatred. I as a woman for one and so happy to have a leader like you for women to look up to. God Bless you Sarah Palin and the entire Palin family.
I get a kick out of th conservative hypocrites claiming the left are a bunch of haters because of all the negative remarks about Palin. Have you right-wing nuts read some of the hate posts you publish here concerning Obama?
Please explain why such visceral hatred for Palin? All she believes is that we ALL can run our lives better than having the Gov't tell us how to live. She believes in freedom. Don't you?
Wow!!! Great news for Alaska!!! :-)
Paula, misspelled "half"... you MUST be republican.
Dear all, She just needs time off to broaden her knowledge of international affairs and strengthening her resume, also to take classes in English for presidency in 2016.
Actually, my favorite picture of Palin is the one of her standing next to Cindy McCain on page 4 of the Vanity Fair story.