George H.W. Bush's presidency marked a pivotal shift in global politics as the Cold War ended. He navigated the U.S. through the Soviet Union's collapse, promoting a "New World Order" of international cooperation and collective security. Bush's foreign policy successes, like the Gulf War, were offset by domestic challenges. His handling of the economy and breaking his "no new taxes" pledge hurt his popularity, ultimately leading to his defeat in the 1992 election.