Ferraro steps down from Clinton finance committee

Geraldine Ferraro makes a point as she accepts the Glamour Magazine ''Lifetime Achievement'' award at the magazine's 2001 ''Women of the Year'' awards in New York, October 29, 2001. Ferraro stepped down on Wednesday from her finance position with Hillary Clinton's presidential campaign, a campaign spokesman said.

WASHINGTON (Reuters) - Former Democratic vice presidential candidate Geraldine Ferraro stepped down on Wednesday from her finance position with Hillary Clinton's presidential campaign, a campaign spokesman said.

The decision came after Ferraro, the only woman to run on a major U.S. party's presidential ticket, said Clinton's rival, Barack Obama, would not be ahead in the Democratic presidential race if he was not black.

Ferraro was a member of the campaign's finance committee and raised funds for Clinton's White House bid, the campaign spokesman said.

(Reporting by Deborah Charles, editing by Lori Santos)