Could Liz Cheney Initiate a new Conservative Party?

Rep. Liz Cheney gives a concession speech to supporters in Jackson, Wyoming, on August 16, after losing to challenger Harriet Hageman. Jae C. Hong/AP

The future of the Republican Party is often framed as either continuing as a traditionally conservative party based on policy issues or becoming a personality cult around Donald Trump.

At the beginning of the year, Liz Cheney told Robert Costa of CBS that she believes there is a “cult of personality” around Trump, representing a moral test that the Republican Party is…