The Hill’s Jonathan Swan reports that during a closed-door meeting on Capitol Hill, Donald Trump’s economic advisor Stephen Moore told House Republican lawmakers that “they now belong to a fundamentally different political party.” To the surprise of some in the room, Moore explained that the conservative party of Ronald Reagan has now become Trump’s new “populist working-class party.”

From The Hill:

“Just as Reagan converted the GOP into a conservative party, Trump has converted the GOP into a populist working-class party,” Moore said in an interview Wednesday. “In some ways this will be good for conservatives and in other ways possibly frustrating.”

Moore has spent much of his career advocating for huge tax and spending cuts and free trade. He’s been as close to a purist ideological conservative as they come, but he says the experience of traveling around Rust Belt states to support Trump has altered his politics.

“It turned me more into a populist,” he said, expressing frustration with the way some in the Beltway media dismissed the economic concerns of voters in states like Ohio, Pennsylvania and Michigan.

“Having spent the last three or four months on the campaign trail, it opens your eyes to the everyday anxieties and financial stress people are facing,” Moore added. “I’m pro-immigration and pro-trade, but we better make sure as we pursue these policies we’re not creating economic undertow in these areas.”

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