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EXHIBIT 23.4
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption "Experts" in the
Registration Statement (Form S-4) and related Prospectus of U.S. Bancorp for the
registration of 7,740,335 shares of its common stock and to the incorporation by
reference therein of our report dated January 18, 2000, with respect to the
consolidated financial statements of U.S. Bancorp included in its Annual Report
(Form 10-K) for the year ended December 31, 1999, filed with the Securities and
Exchange Commission.
/s/ Ernst & Young LLP
Minneapolis, Minnesota
August 10, 2000
