POWER OF ATTORNEY

	This statement confirms that I have authorized and
designated Lee R. Mitau and Laura F. Bednarski, and each
of them, as my attorney-in-fact to
execute and file on my behalf all Forms 3, 4 and 5
(including any amendments) that I may be required to file
with the Securities and Exchange Commission as a result
of my ownership of or transactions in securities of
U.S. Bancorp.  Their authority under Statement shall
continue until I am no longer required to file Forms 4
and 5 with regard to my ownership of or transactions in
securities of U.S. Bancorp, unless I revoke it earlier
writing.  I acknowledge that they are not assuming any of
my responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934.


Dated:  7/05/2006


				/s/Joseph C. Hoesley
				Signature

				Joseph C. Hoesley
				Printed Name