Sanford announces challenge to Trump

Former South Carolina governor and congressman Mark SanfordMarshall (Mark) Clement SanfordMark Sanford debates cardboard cutout of Trump to protest South Carolina canceling its GOP primary Joe Walsh: GOP is a 'cult' and Trump a 'would-be dictator' RNC spokeswoman on 2020 GOP primary cancellations: 'This is not abnormal' MORE said on Sunday that he will challenge President TrumpDonald John TrumpBusiness, ballots and battling opioids: Why the Universal Postal Union benefits the US Sanders supporters cry foul over Working Families endorsement of Warren California poll: Biden, Sanders lead Democratic field; Harris takes fifth MORE in 2020 as a Republican.

"I’m here to tell you now that I am going to get in," he said on "Fox News Sunday."

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"I think we need to have a conversation on what it means to be a Republican," Sanford added. "As a Republican Party, we have lost our way."

The former governor also said he was particularly concerned about the debt and deficit spending.

"We have got to have a national conversation and a Republican conversation on where are we going on debt and deficit," he said.

When host Chris WallaceChristopher (Chris) WallaceAmash says Sanford presidential bid won't impact decision on whether he runs in 2020 Trump labels GOP challengers the 'Three Stooges' Pompeo: Taliban talks are dead 'for the time being' MORE told Sanford that he "basically" has "no chance" of defeating Trump, the candidate replied, "I think you probably would have said that same thing to Donald Trump just a matter of months ago as he faced the likes of Jeb Bush and others."

Pressed on whether he believed he had a real chance in 2020, Sanford said, "You never know."

"Let’s go out and force or try and create a conversation on that which is not being talked about in this presidential cycle," he added.

Wallace also questioned Sanford about an extramarital affair that caused a scandal while he was governor.

“I learned a level of humility, a level of empathy that I didn’t have before,” Sanford said. “It is something of great regret. It’s something I’ve apologized extensively for.”

“In contrast to the president, where he says there’s not a single thing that he sort of regrets or apologizes for, I profoundly apologize for that,” he added.

Trump has also been accused of having affairs, notably with adult-film star Stormy Daniels.

Sanford said last week that he was focused on Hurricane Dorian and would wait until after the storm had passed to announce his decision on a White House bid.

He previously said he would give himself until Labor Day to make a choice.

Since announcing his potential White House bid, the former lawmaker has visited New Hampshire and Iowa, causing further speculation that he would launch a campaign.

Sanford could face an uphill battle. The Republican parties in Kansas and Sanford’s home state of South Carolina on Saturday voted to cancel their GOP primaries.

The president has continued to receive support from most Republicans. A recent Morning Consult poll found that 85 percent of them approved of Trump.

Former Massachusetts Gov. William WeldWilliam (Bill) WeldBill Weld is the best possible Trump challenger Mark Sanford debates cardboard cutout of Trump to protest South Carolina canceling its GOP primary Overnight Energy: Top presidential candidates to skip second climate forum | Group sues for info on 'attempts to politicize' NOAA | Trump allows use of oil reserve after Saudi attacks MORE (R) and former Rep. Joe WalshJoe WalshJoe Walsh: GOP is a 'cult' and Trump a 'would-be dictator' RNC spokeswoman on 2020 GOP primary cancellations: 'This is not abnormal' The Hill's Morning Report - Trump takes 2020 roadshow to New Mexico MORE (R-Ill.) are also challenging Trump for the Republican nomination.

This report was last updated at 10:49 a.m.