Reuters: former Democrats and Republicans created a third party in the US

Former members of the US Republican and Democratic parties have announced the formation of a third party in the country, which should attract voters dissatisfied by America's dysfunctional two-party system, Reuters reported, citing sources.

According to the agency, the new party will be formed by the merger of three political forces: the Renew America Movement, the Forward Party, which was founded by former Democratic presidential candidate Andrew Yang, and the Serve America Movement.

"Dozens of former Republican and Democratic Party officials announced Wednesday the formation of a new national political third party to appeal to millions of voters who are dismayed by what they see as America's dysfunctional two-party system," says the agency.

The new party, called Forward, will initially be co-chaired by former Democratic presidential candidate Andrew Yang and former New Jersey Gov. Christine Whitman, a former Republican.

This fall, party leaders, according to Reuters, will hold a series of events in two dozen US cities.