Fresh from the Post:
The development occurred one day after midterm elections that cost Republicans control of the House, and possibly the Senate, as well. Surveys of voters at polling places said opposition to the war was a significant contributor to the Democratic victory.
Bush described Rumsfeld as a "superb leader" in a time of change, but said his defense chief recognizes the value of "fresh perspective." He said Rumsfeld is a "trusted adviser and friend," and that he's "deeply grateful" for his service to the country. Bush said he and Rumsfeld agreed that "the timing is right for new leadership" at the Pentagon.