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Lee Moves Forward With Cabinet Nominations and Reform Agenda as Top Prosecutor Offers Resignation

With six cabinet picks awaiting hearings, President Lee is consolidating policymaking through a 13.2 trillion-won stimulus package that has ignited a showdown over stripping prosecutorial investigative powers.

Overview

  • Lee’s 13.2 trillion-won supplementary budget proposes 520,000-won digital vouchers per person, up to 50 million won in small-business debt relief and 120 billion won for renewable energy.
  • Finance minister nominee Koo Yun-cheol vows an AI-driven “economic revolution” that treats the economy like a corporation with citizens as shareholders.
  • Democratic Party bills to remove prosecutors’ investigative functions are advancing in parliament, prompting Prosecutor General Shim Woo-jung to offer his resignation.
  • Lee has recruited leading AI experts and pledged 100 trillion won to develop South Korea into a global artificial intelligence powerhouse.
  • Parliamentary hearings for the six ministerial nominees are scheduled soon, presenting a key test of Lee’s legislative majority and reform priorities.