US Treasury's O'Neill quits in surprise move

US Treasury Secretary Mr Paul O'Neill today abruptly announced his resignation, which a spokeswoman said would become effective…

US Treasury Secretary Mr Paul O'Neill today abruptly announced his resignation, which a spokeswoman said would become effective "in the next few weeks."

"It has been a privilege to serve the nation during these challenging times. I thank you for that opportunity," Mr O'Neill said in a brief letter to President George W. Bush.

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