It is being reporting that Sarah Palin plans on resigning. According to a CBS station:
Alaska Governor Sarah Palin has announced she's resigning from her job and plans to step down by the end of the month, CBS News affiliate KTVA is reporting.
Gov. Palin, who ran for the White House vice president seat on a Republican ticket with presidential nominee John McCain, made the announcement in a press conference Friday.
Palin said she will transfer power to Lt. Gov. Sean Parnell. Parnell will be sworn in during an event on July 25th.
Palin did not answer questions from the press, KTVA reports.