The Washington Post is reporting that Attorney General Alberto Gonzales will resign this morning. CNN is reporting that the President will nominate Michael Chertoff as his replacement, and name Clay Johnson to head the Department of Homeland Security.

UPDATE: It's official. Gonzales has resigned. In a public statement, Bush announced that Solicitor General Paul Clement will serve as acting Attorney General until a replacement is confirmed. No word yet on whether Chertoff or someone else will get the nod.