Jul 13, 2021 · In this essay, the final one in this series, I return to the most vital national interest: the fate of Vladimir Putin and his ability, his plans, and even his desire to hold on to power until 2024—the end of his current term as president of the Russian Federation—and perhaps beyond, as far as 2036. NEWS. Next step is very simple. . . But there is speculation he could seek a new role or hold on to power behind the scenes. May 25, 2018 · Vladimir Putin said on Friday he would respect the Russian constitution which bans anyone from serving two consecutive presidential terms, meaning he will step down from his post in 2024 when his current term expires.