Palin has scheduled a 3 p.m. ET news conference at her home in Wasilla. The governor’s office offered no further details about the subject of the news conference, but the sources tell CNN that Palin will announce her decision to forgo another run.

"She thinks she has accomplished goals she has set forward," one of the sources, speaking on the condition of anonymity, said. "She sees what a positive influence she has had on people's lives from traveling the country in the last year."

As the 2008 Republican vice presidential nominee, Palin is considered one of the frontrunners for the GOP nomination in 2012. 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.

EDIT: Sarah Palin to stepping down as Alaska Governor. Thanks to thecityofdis for this article.

 

Report: Palin resigning as Alaska governor

Former vice presidential hopeful won't finish out first term

WASILLA, Alaska - Sarah Palin plans to resign as governor of Alaska in a few weeks, KTUU-TV reported Friday.

Palin, the Republican vice presidential candidate in 2008, made the announcement at her home Friday morning, the station said.

Lt. Gov. Sean Parnell will take over at the end of the month, KTUU reported.

With her at the announcement were Parnell and most of her cabinet.

There was no immediate word as to why she will step down before the end of her first term, though some have speculated in the past that she may be interested in running for president in 2012.

source from CNN