The founding congress of the newly formed political party of the former mayor of Yerevan, Hayk Marutyan, is in progress in the Armenian capital. This political party is called New Power. Marutyan delivered opening remarks at the event. After the 2018 "velvet revolution" in Armenia, Hayk Marutyan was elected mayor of Yerevan on the electoral list of the ruling Civil Contract Party, but in December 2021 he was removed from office by his political team. The ruling political team had explained the process of expressing no confidence in Marutyan by a political split with him. And on February 7 of this year, the Yerevan Council of Elders terminated, on the grounds of absenteeism, the Council membership of Marutyan, who had become a Council member from the electoral list of the National Progress Party. The ideological base of the New Power party is social reformism.