US Treasury Secretary Snow resigns

US Treasury Secretary John Snow has resigned and will be replaced by Goldman Sachs Chairman Henry Paulson, in another chapter of a White House shake-up to revive President George Bush’s troubled presidency.

US Treasury Secretary John Snow has resigned and will be replaced by Goldman Sachs Chairman Henry Paulson, in another chapter of a White House shake-up to revive President George Bush’s troubled presidency.

Bush was to announce the changes in a White House ceremony later today.

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