Updated

Following is the full text of Secretary of the Treasury Paul H. O'Neill's resignation letter, as obtained by Fox News:

Department of Treasury
Washington D.C.

Secretary of Treasury

December 6, 2002

Dear Mr. President,

I hereby resign my position as Secretary of the Treasury.

It has been a privilege to serve the Nation during these challenging times. I thank you for that opportunity.

I wish you every success as you provide leadership and inspiration for America and for the world.

Respectfully,

Paul H. O'Neill