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Dobbs: Republicans lost in 2020 because they 'forgot who was the true leader'

Fox Business host Lou DobbsLouis (Lou) Carl DobbsFox News says Smartmatic lawsuit should be dismissed Dominion lawyer: We haven't ruled out suing Trump, other media outlets What to know about Dominion's legal fight with Fox News MORE said on Tuesday that Republicans lost control of the Senate and the presidency because they “forgot who was the true leader,” referring to former President TrumpDonald TrumpBiden prepares to confront Putin Biden aims to bolster troubled Turkey ties in first Erdoğan meeting Senate investigation of insurrection falls short MORE.

Speaking on “Fox Across America with Jimmy Failla,” Dobbs argued that Republicans in Congress such as Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellWhat the Democrats should be doing to reach true bipartisanship Democrats mull overhaul of sweeping election bill McConnell seeks to divide and conquer Democrats MORE (Ky.) and Sen. John ThuneJohn Randolph Thune'The era of bipartisanship is over': Senate hits rough patch Bipartisan talks sow division among Democrats Senate passes long-delayed China bill MORE (S.D.) had sought to "undercut" Trump.

"These people have become petty and vindictive and really are not honoring the guy that is the only good thing to happen to the Republican Party in the last of four cycles," Dobbs told Failla. "Think about it. They lost in 2008. They lost in 2012. They would have lost in 2016. And they did lose this year because the Republican Party forgot who was the true leader."

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Though Trump lost his reelection bid, Republicans were able to gain seats in the House. Democrats currently hold slim majorities in both chambers, gaining a slim majority in the Senate after Democratic Georgia Sens. Jon OssoffJon OssoffStacey Abrams calls on young voters of color to support election reform bill MLB calls lawsuit over All-Star Game 'political theatrics' Georgia agriculture commissioner launches Senate campaign against Warnock MORE and Raphael WarnockRaphael WarnockWhy the Democrats need Joe Manchin Bipartisan senators introduce bill to protect small businesses from cyberattacks MLB calls lawsuit over All-Star Game 'political theatrics' MORE won in their respective runoff elections against Republican incumbents.

Soon after the presidential election was called in favor of President BidenJoe BidenBiden prepares to confront Putin Ukrainian president thanks G-7 nations for statement of support Biden aims to bolster troubled Turkey ties in first Erdoğan meeting MORE, Dobbs spoke out against the election, saying Trump had been denied what was "rightfully his."

During the same interview with Failla, Dobbs also addressed rumors that Trump was planning to start his own political party.

"It has a ring to it, but I don't know any particulars. I don't know what he's thinking," said Dobbs. "He said very clearly he doesn't want to do it. Well, actually, what he said was he's not doing it. He may want to do it. I think that that's the right answer, although I do think the idea of a third party, just as motivation for the Republican RINO [Republican in name only] leadership, would be helpful."