Having persuaded the Supreme Soviet to vest within the office of president (a different entity altogether from the Presidium whose chair was sometimes conflated by Western governments and press) all executive powers for an amount of time not to exceed two years—like the Roman tradition of appointing a limited-tenure dictator, during this time of transition and upheaval, incumbent just since mid-March of 1990, Mikhail Gorbachev, his position strengthened by withstanding the failed August Coup but unable to reverse the party’s decision for dissolution, announced his resignation as commander-in-chief at the Kremlin before television cameras broadcasting internationally on this day in 1991. Expressing remorse for the breakup of the union, Gorbachev at the same time welcomed the reforms of a market-economy, greater political and religious freedoms as well as the end of the Cold War and its attendant brinksmanship, the Supreme Soviet the next day voted itself out of existence, allowing the Soviet Union to expire at midnight 31 December (Julian Christmas of course falling on the seventh of January on the Gregorian calendar but not reinstated as a holiday until 1992, with New Year’s the big celebration—see also) with the Russian Federation the successor to all Soviet Institutions.
