Supposedly Miles Taylor is leading the effort, but he's not a big enough name to make any hay. They need some brand recognition. https://www.nytimes.com/2021/05/11/us/politics/republicans-third-party-trump.html The problem is that the "True Conservatives" were always just policy cover for the stuff that Trump told everyone it's ok to do and feel, so I'm not sure how much support the new party will garner among the plebes.
I don't think this is a "true conservatives" thing any more. It's the philosophical right that has no voice any more. The small government, low regulation, low taxes, push the decision-making away from DC and give it back to the States, and fiscal responsibility "small-c conservatives" who have nobody speaking their language anymore. My Mom is one of these. She's not a Trump acolyte or even a Reaganite. She's just a white upper middle class woman who feels people shouldn't be coddled, and budgets should be balanced, and that we tend to throw money and regulations at problems, rather than community/social programs to address things at the grassroots. Which has always been the central breakpoint between classical liberals and conservatives: Liberals want the State to help those in need, and Conservatives want the local community/religion to do it. Nowadays there's the AOC wing and the Q wing, and nothing effectively in the middle. ANYONE that steps into that gap and waves their flag is going to draw a lot of fed-up people to their cause.
Agreed. Unfortunately a big part of our problem is that we've transformed ourselves via the Big Sort into two one party systems, instead of a true two party system. And one party systems always vie for the extremes to the point that they eat their own. Many people who've not studied up on the Soviet Union aren't aware that Show Trials were reserved exclusively for Party members. This was Lynn Cheney's show trial. Democrats had one in the form of Al Franken, lest we think the left is immune to such nonsense.