Andrew Card, who has held the position since president first took office, will be replaced with Joshua Bolten, a longtime Bush aide and current budget director. Card had come under pressure to step down in recent months as the president’s poll numbers continued their precipitous drop.

Also, Sen. Charles Schumer on the resignation: “Simply rearranging the deck chairs on the Titanic by replacing Andy Card with Josh Bolten without a dramatic change in policy will not right this ship.”

Check out a great cartoon on the resignation.

N.Y. Times:

WASHINGTON, March 28 — President Bush today announced the resignation of his chief of staff, Andrew H. Card Jr., in the first major staffing change of his troubled second term.

Mr. Card will be replaced by Joshua Bolten, a long-time Bush adviser who is now the budget director.

At a brief, televised Oval Office ceremony, Mr. Bush said that Mr. Card had approached him “and raised the possibility of stepping down.”

“He thought it might be time to return to private life,” Mr. Bush said, adding that he had decided last weekend to accept Mr. Card’s resignation.

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