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Trump threatened to start his own political party in tense clash with RNC on his last day in office

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In an angry conversation on his final day as president, Donald Trump told the chairwoman of the Republican National Committee he was leaving the GOP and creating his own political party -- and that he didn't care if the move would destroy the Republican Party, according to a new book by ABC News Chief Washington Correspondent Jonathan Karl.

Trump only backed down when Republican leaders threatened to take actions that would have cost Trump millions of dollars, Karl writes his upcoming book, "Betrayal: The Final Act of the Trump Show."

The book gives a detailed account of Trump's stated intention to reject the party that elected him president and the aggressive actions taken by party leaders to force him to back down.

The standoff started on Jan. 20, just after Trump boarded Air Force One for his last flight as president.