George Washington, who served two terms between 1789 and 1797, did not seek a third term in office.
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George Washington served two terms and then declined a third.
He did not resign the Presidency, but declined to accept a third term
He did not resign, but he declined to accept a 3rd term as President
George Washington began his term in 1789. He served two terms.
George Washington, the first US president, set a non-binding precedent that was followed from 1787 to 1940. Washington was the first to refuse a third term, thereby accepting a precedent that was followed by all until FDR broke it, although Grant let it be known that he would accept a draft for a third term and Wilson hinted that he might go for a third term before he had his stroke. Teddy Roosevelt left after his first 7 years as President (1901-1909), but regretted it. In 1912, he ran for president again in his newly formed Bull Moose party, against his fellow Republican and successor, William Howard Taft.