The story is just breaking on FOX News Channel. I’ll update when available.

Of note, Geraldine Ferraro was a big part of Sen. Hillary Clinton’s 2008 campaign team, but was forced to resign after comments she made regarding Obama were deemed “racist.”

(NBC News) — Geraldine Ferraro, the trailblazing 1984 vice presidential nominee, died Saturday at Massachusetts General Hospital surrounded by her family, NBC News confirmed. She was 75.

Ferraro died of complications from multiple myeloma, a blood cancer that she had battled for 12 years, according to a statement from her family.

Update Below:

Sarah Palin remembers Geraldine Ferraro:

(FOX News) — Geraldine Ferraro, who became the first woman to run for vice president on a major party ticket in 1984 — only to lose in a landslide — died Saturday. She was 75.

Ferraro died at Massachusetts General Hospital, where she was being treated for blood cancer, a disease she battled for 12 years, her family said.

Ferraro “was widely known as a leader, a fighter for justice, and a tireless advocate for those without a voice,” her family said. “To us, she was a wife, mother, grandmother and aunt, a woman devoted to and deeply loved by her family. Her courage and generosity of spirit throughout her life waging battles big and small, public and personal, will never be forgotten and will be sorely missed.”

Ferraro is survived by her husband of 50 years; her three children and their spouses; and her eight grandchildren.

Ferraro was a Fox News contributor and a fixture on the national political stage ever since Democratic presidential nominee Walter Mondale plucked her from obscurity as a Queens congresswoman to join his ticket in 1984 against incumbents Ronald Reagan and George H.W. Bush.

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Palin and Ferraro together during the November 2010 elections on FOX News: