Outgoing President Donald Trump is reportedly considering forming a new political party once he is out of office, according to people familiar with the matter.
Trump had discussed the idea with several aides and other close confidants in the past week, The Wall Street Journal reported Tuesday, citing sources that the paper did not name.
The new party would be called the “Patriot Party” and would join other third parties, like the Libertarian Party and Green Party, according to the outlet.
Third parties have not traditionally drawn enough support to play a major role in national elections.
The last third-party candidate to win a statewide federal election was George Wallace in 1968, Business Insider reported.
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