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In this scenario, George Washington runs for a third term, but makes it clear when he makes the announcement that it will be his last and that he will step down in 1801. What changes might happen as a result of this decision?
Some things to consider:
Washington's presidency now includes the XYZ Affair, the resulting Quasi-War, the Barbary War, and Napoleon's rise to power.
Washington died relatively young IOTL at 67, and if the same happens here, we have no precedent of a sitting president yielding power (only stating an intent to do so). However, he may have several more years left if he doesn't fall ill (which was the scenario I had in mind).
An extra term may give Washington more time and political capital than he had OTL to carry out his mandates regarding international neutrality and preventing party systems (he may become more strident on the latter as he sees the Federalists and Democratic-Republicans beginning to coalesce).