He was defeated for reelection in U.S. House election, 1990 by Douglas Peterson, and ran unsuccessfully for the Senate in 1992, losing to incumbent Bob Graham.

After leaving politics, he organized and is now CEO of MK Meridian, Inc, an international conflict resolution, trade, and diplomatic advisory firm.

He helped organize the United Africa Association, a 13-nation effort for promoting pan-African self-help, free-enterprise capitalism, and democracy.

He has been the senior advisor to two sovereign foreign governments and twice served as Special United States Congressional Envoy to international trouble spots.

[citation needed] Grant is married to the former Janet Krawiec; they have two children; Madison Kathleen and Kinsey Regan.