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Presidential candidate Bill WeldWilliam (Bill) WeldJoe Walsh: I've realized 'nobody can beat Trump in a Republican primary' Trump wins Iowa GOP caucuses Weld warns of Republican Party split, Democratic takeover of Senate MORE warned of a Republican Party split and Democratic takeover of the Senate if the GOP continues in its current direction.

Donald Trump would be in charge of the know-nothing party, which was half of the Whig Party that split a century ago, and you know, they were founded on anti-immigrant prejudice, violent rallies and conspiracy theories, he told Fox Business Networkanchor Neil Cavuto on Cavuto: Coast to Coast.

So history does have a way of repeating itself, and the wonderful thing about the Whig Party splitting up is the other half elected Abraham Lincoln, he added.

Weld, a former Massachusetts governor,also said if the GOP persists in their efforts, The emperor has a wonderful suit of new clothes, I think the Republicans will lose the Senate and well have a Democratic Senate and House next year.

The Senate currently has a GOP majority,with the party holding 53 seats in the upper chamber.

Weld, speaking ahead of Mondays Iowa caucuses, said he and former Rep. Joe WalshJoe WalshJoe Walsh: I've realized 'nobody can beat Trump in a Republican primary' Weld warns of Republican Party split, Democratic takeover of Senate GOP spokeswoman likens Sanders rise to Trump: 'You shouldn't just brush off a side' MORE (R-Ill.) expect to do reasonably well in the caucuses, noting Walsh spent more time in the Hawkeye State. The former governor said he will have to wait and see what happens in the following New Hampshire primary.

Weld and Walsh have launched long shot challenges against President TrumpDonald John TrumpDemocratstear into Trump's speech: It was a 'MAGA rally' READ: Speaker Pelosi's response to Trump's State of the Union address Pelosi hammers Trump's speech: 'A manifesto of mistruths' MORE for the GOPnomination.

Updated at 5:27 p.m.

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Weld warns of Republican Party split, Democratic takeover of Senate | TheHill - The Hill