WSJ "Forming a New Party Requires Significant Time and Resources... Uncertain How Serious Trump Is"
[Asia Economy Reporter Yu Je-hoon] According to sources cited by the Wall Street Journal (WSJ) on the 20th (local time), U.S. President Donald Trump, who is approaching his retirement, is reportedly planning to form a new political party with his close aides.
According to the report, President Trump discussed the formation of a new party with several advisors and close aides last week. It is reported that President Trump prefers the name "Patriot Party" for the new party.
After the U.S. Capitol siege on the 6th, President Trump had conflicts with the Republican leadership, including Senate Majority Leader Mitch McConnell, to which he belongs. However, the White House declined to comment on this matter.
The WSJ assessed that it is uncertain whether President Trump will seriously pursue the formation of a new party, which requires considerable financial resources and organizational strength. The WSJ stated, "President Trump has a significant base among supporters who were not deeply involved with the Republican Party before the 2016 presidential election," but added, "It is unclear how serious President Trump is about investing substantial time and resources into forming a new party."
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