Archive · 25 Jan 2026
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.
South Korean President Lee Jae Myung withdrew the appointment of Lee Hye-hoon as budget minister.
Lee Hye-hoon faced allegations of abusive remarks to colleagues and controversial property investments.
The nomination was seen as an attempt to unify the nation's politics.
The withdrawal was announced by presidential secretary Woo Sang-ho on January 25, 2024.
Lee Hye-hoon is a former three-term conservative party lawmaker and apologized for her actions.
- Who
- South Korean President Lee Jae Myung
- What
- Withdrew the appointment of Lee Hye-hoon as budget minister
- When
- January 25, 2024
- Where
- Seoul, South Korea
- Why
- Due to allegations of abusive remarks and controversial property investments
- President
- Lee Jae Myung
- Withdrawn Appointment
- Lee Hye-hoon
- Position
- Budget Ministry Chief
- Announcement Date
- January 25, 2024
- Reason for Withdrawal
- Allegations of abusive remarks and controversial property investments
- Acting Vice Minister
- Lim Ki-Keun
- Previous Role of Nominee
- Three-term conservative party lawmaker