Boris Nikolayevich Yeltsin (1931-2007) directed the Federation's secession from the USSR and the formation of a new, decentralized confederation, the Commonwealth of Independent States (CIS), with himself as the most powerful leader.
A referendum in April 1993 supported his policies of price deregulation and accelerated privatization, despite severe economic problems and civil unrest.
He survived a coup attempt in Sept of the same year, but was subsequently forced to compromise on the pace and extent of his reforms after right-wing nationalists made unexpected gains in assembly elections.
Why is Boris Yeltsin famous?
Boris Yeltsin was a Russian politician, president of the Russian Soviet Federative Socialist Republic (RSFSR) 1990-1991, and president of the newly independent Russian Federation from 1991 to 1999.