<P> In 1991, the office was briefly known as the President of the Russian Soviet Federative Socialist Republic (Russian: Президент Российской Советской Федеративной Социалистической Республики) until 25 December 1991 . According to the 1978 Russian Constitution, the President of Russia was head of the executive branch and headed the Council of Ministers of Russia . According to the current 1993 Constitution of Russia, the President of Russia is not a part of the Government of Russia, which exercises executive power . </P> <P> In all cases where the President of the Russian Federation is unable to fulfill his duties, they shall be temporarily delegated to the Prime Minister, who becomes Acting President of Russia . The Chairman of the Federation Council is the third important position after the President and the Prime Minister . In the case of incapacity of both the President and Prime Minister, the chairman of the upper house of parliament becomes acting head of state . </P> <P> The power includes execution of federal law, alongside the responsibility of appointing federal ministers, diplomatic, regulatory and judicial officers, and concluding treaties with foreign powers with the advice and consent of the State Duma and the Federation Council . The president is further empowered to grant federal pardons and reprieves, and to convene and adjourn the Federal Assembly under extraordinary circumstances . The president also directs the foreign and domestic policy of the Russian Federation . </P> <P> The president is elected directly through a popular vote to a six - year term . The law prohibits anyone from ever being elected to the presidency for a third consecutive term . In all, 3 individuals have served 4 presidencies spanning 6 full terms . On May 7, 2012, Vladimir Putin became the 4th and current president . </P>

How much power does the president of russia have
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