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John McCain lost the election to Senator Obama, and President Bush met with the new president-elect to discuss the presidential transition between his administration and Obama's, which he promised would be efficient and without problems. George W. Bush's term ended at noon on January 20, 2009, at which point President-elect Obama was inaugurated. In an interview with ABC's [[Charles Gibson]] in December 2008, Bush said his retirement plans included moving back to his home state of Texas and writing a book. He later released his memoir "Decision Points." He also wants to build an institute at the Southern Methodist University to serve as a non-partisan public policy forum, to debate issues and run volunteer projects from.