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At an 11:00 a.m. press conference today, Governor Sarah Palin announced that she would not seek a second term as governor. The governor continued, saying that by the end of the month she would resign from the governorship.



On a day that most public employees have off, Palin sent out an early morning press release indicating that she would be giving an announcement from her home in Wasilla. Joining Palin were her parents, family and state commissioners.



Palin announced that she will transfer power to Lt. Governor Sean Parnell. Parnell will be sworn in during the upcoming governor’s picnic in Fairbanks on July 25.