The Indepundit is reporting that John Ashcroft has resigned, along with Commerce Secretary Don Evans. Ashcroft is commonly viewed as one of the most right-wing members of the Bush Administration and as 'Citizen Smash' writes it will be very interesting to see whom President Bush appoints to replace him as it may provide a clue as to the direction Bush plans for his second-term Administration.
As this seems to be 'breaking' news, the BBC simply has a brief announcement and it doesn't yet appear in the DrudgeReport, probably because he is on the East coast (same goes for InstaPundit), whereas Smash is on the West coast ; no doubt there will be copious comment about this in a few hours.
UPDATE: (Wednesday 10NOV04 00.35 GMT) A fuller US-based report here.
2ND UPDATE: (Thursday 11NOV04 00.10 GMT) The new U.S. Attorney General is to be Alberto Gonzales, currently White House counsel. Whether this will be a 'happier' appointment than was John Ashcroft's is unclear, specially after reading this.