Will Donald Trump Start His Own Political Party?
Donald Trump may be out of the White House but the former president is unlikely to be away from politics for too long.
The 74-year-old was beaten by Joe Biden in the 2020 US election to surrender his post as president after just one term.
Trump has called foul on the election without giving evidence on claims of voter fraud in the result that saw Biden win the popular vote by more than seven million ballots.
The businessman survived an impeachment trial in the Senate recently to prevent him from being barred for running for president again in 2024.
And while there are rumblings that Trump could split from the Republican party to set up his own political franchise, it appears as though the mogul will remain part of the GOP in the coming years.
That is according to UK bookmakers who have pitched Trump’s chances of forming a new political party as having little chance of happening.
Trump New Party Odds
According to the markets, Trump is 1/8 not to create a new party. That produces an implied probability of 88.9% that the former president will instead remain in the Republican party.
Not that there wasn’t a threat of Trump breaking away. Earlier this winter Congress voted to impeach Trump in the Democrat-majority House of Representatives, only for the Senate to relieve him of guilt. Seven Republican senators joined the Democrats to vote against Trump, but it wasn’t enough to convict him.
There were rumblings that suggested if Trump had been convicted of impeachment then he would have broken away from the GOP. And that would likely have caused a catastrophic split in the Republican party, with Trump potentially able to draw millions of voters away with him.
Trump TV Station
While Trump may not be about to set up his own political party, the former president is open to launching a media dynasty to pedal his politics direct to his supporters.
Trump’s relationship with FOX News has supposedly soured over the broadcaster’s decision to announce Biden as the winner of last year’s election result while Trump was baselessly alleging fraud.
Launching a Trump TV network would be no easy task but the former head of state could well rally support from his base to justify a move into broadcasting.
Trump has three years to prepare for another run at the White House and Republicans seem willing to keep him close to their chest for now. His ability to whip up right-wing enthusiasm is seen as a major asset for the party, whose members will have to decide who to nominate as their presidential candidate during the Republican primaries in 2024.
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