Sarah Palin is to step down as Governor of Alaska, prompting rumours she will stand for President.
Alaska Governor Sarah Palin, the former Republican vice presidential nominee, says she will resign from office on July 26.
Her spokesman wouldn't say why Palin decided to step down, but the announcement stirred speculation that she would focus on a bid for the 2012 Republican nomination for president.
Spokesman Dave Murrow says Lieutenant Governor Sean Parnell will be inaugurated at the governor's picnic in Fairbanks at the end of the month.