Depends on which country you are in.
UK = Conservatives and Liberal Democrats - perhaps others will reply for their nations.
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Third parties.
The party in power is whatever political party the President is affiliated with. Currently, the President is from the democratic party.
The United States has had two majority parties since around 1829. Although it isn't impossible, no third party has been able to gather enough support to have as much influence and power as Democrats or Republicans. As such, these third parties are known as minor parties.
the power of government
false