WASHINGTON (CNN) -- White House press secretary Tony Snow, who is undergoing treatment for cancer, will step down from his post Sept. 14 and be replaced by deputy press secretary Dana Perino, the White House announced Friday.
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White House press secretary Tony Snow will step down from his post on Sept. 14.

Earlier this month, Snow had told conservative talk-show host Hugh Hewitt that "financial reasons" may prevent him for serving the remainder of his boss's presidency.

"I'm not going to be able to go the distance, but that's primarily for financial reasons." Snow said. "I've told people when my money runs out, then I've got to go."

According to The Washington Post, Snow makes $168,000 as the White House spokesman.

Snow, 52, had been treated for colon cancer in 2005. In March, during surgery to remove a growth from his abdomen, doctors discovered that the cancer had returned and spread to his liver.

Five weeks later, Snow returned to the White House podium and continued to work as the president's chief spokesman as he underwent chemotherapy. In recent interviews, he indicated that his health situation had stabilized.

Before coming to the White House in April 2006, Snow had worked for the Fox News Channel and hosted his own nationally syndicated radio show.

He took a significant pay cut to take the job of press secretary and has talked publicly in the past about the financial sacrifices, as well as his passion for the post.

People close to Snow said that he felt he needed to make some more money to help his family, which includes children readying for college.



Let's start the campaign to have Lars replace him. He can always come back once Bush is out of office, and no one can twist the truth better than him.

He probably figures hes only got a few years left, and wants to leave his wife and kids as well off as he can.

He says it wasn't his cancer that was a problem. He said he just ran out of money.

I suspect Nwokie is pretty close to correct, he needs to make some good size bucks to leave his wife, etc. Only a guess.

Liver cancer is tough and one of the most untreatable ones out there. We lost my mother-in-law to it.

I'm no fan of anyone in the Bush administration, that said I wish Snow the best and hope he can beat this, and enjoy a long life with his family.