The Federalist Party was the first political party in the United States, and most Founding Fathers were members it. I wish that party was still here, the 10th Amendment has taken a beating since it was abandoned.
Federalist Party sounds good, except the other Founding Fathers—the Anti-Federalists—made plausible arguments that the Constitution gave the Feds too much power. In retrospect, many of their concerns were justified. We have a modern equivalent of an Anti-Federalist Party—the Libertarian Party; but IMHO it's a little too anarchistic, even for me (and I'm registered Libertarian).
Therefore, what we need is The Semi-Federalist Party.