political system was effectively controlled by one party, the KMT, the leader of which also was the President. Many top political officials were members of the party. The party claimed over 2 million members, and its net assets were reputed to total more than NT $61.2 billion, making it the richest political party in the world. New Power Party The New Power Party was formed in early 2015. The party emerged from the Sunflower Student Movement in 2014, and advocates for universal human rights, civil and political liberties, as well as Taiwan independence/nationalism. The NPP currently had 3 members in the LY. Taiwan Statebuilding Party The Taiwan Statebuilding Party which advocates Taiwan independence and the party is considered a close ally of the Democratic Progressive Party. The TSP was formed primarily because, as it took power, the DPP had to moderate its standing as regards to Taiwan independence, leaving a hole in the Taiwanese political spectrum. People First Party A new opposition party was formed in the wake of the March 2000 presidential election by the runner up, a KMT maverick candidate. The People's First Party is composed primarily of former KMT and NP members who supported former KMT Taiwan Provincial Governor James Soong's presidential bid. The PFP currently had 17 members in the LY before the 2001 election, but increased its representation to over 40 in that election. New Party The New Party was formed in August 1993 by a group made up largely of second-generation mainlander KMT members who were unhappy both with corruption in the KMT and with what they saw as the "Taiwanization" of KMT ideology and leadership. The NP emphasizes "clean government" and the original KMT focus on unification with mainland China. NP influence remains modest and seems on the wane; it won 21 of the 164 LY seats in the 1995 elections but only 11 of 225 seats in 1998. The New Party was almost annihilated in the 2001 election as its members defected to the Peoples First Party. Taiwan Solidarity Union In 2001, supporters of former President Lee founded the Taiwan Solidarity Union (TSU). Even though Lee did not join this party, he is named its spiritual leader and most believe he endorsed it. The TSU was formed primarily because, as it took power, the DPP had to moderate its standing as regards to Taiwan independence, leaving a hole in the Taiwanese political