Archive · 25 Jan 2026

South Korea Withdraws Budget Minister Nomination

South Korea Withdraws Budget Minister Nomination

The president of South Korea, Lee Jae Myung, has taken back his choice for the new budget minister, Lee Hye-hoon.

This decision came after people said Lee Hye-hoon was mean to coworkers and made some questionable investments.

The president had hoped this choice would bring different political groups together, but the problems led to the withdrawal.

Lee Hye-hoon apologized for her actions and said her family did not take advantage of the country's apartment investment system.

The acting vice minister, Lim Ki-Keun, will now lead policy meetings.

The search for a new candidate may involve people from the conservative party again.

Sources