The presidency of Ronald Reagan began at noon EST on January 20, 1981, when Ronald Reagan was inaugurated as the 40th President of the United States, and ended on January 20, 1989. Reagan, a Republican from California, took office following a landslide victory over Democratic incumbent President Jimmy Carter in the 1980 presidential election. Reagan was succeeded by his Vice President, George H. W. Bush, who won the 1988 presidential election with Reagan's support. Reagan was succeeded by his Vice President, George H. W. Bush, who won the 1988 presidential election with Reagan's support. Reagan's 1980 election resulted from a dramatic conservative shift to the right in American politics, including a loss of confidence in liberal, New Deal, and Great Society programs and priorities that had dominated the national agenda since the 1930s. During his second term, Reagan sought to find a way procure the release of seven American hostages held by Hezbollah, a Lebanese paramilitary group supported by Iran.