Kim Yong-bum, chief of the presidential policy office, resigned after 15 months. Kim led major economic policies such as responding to US-Korea trade negotiations and fostering the semiconductor industry since the inauguration of the Lee Jae-myung administration, but faced criticism over the controversy surrounding the introduction of leverage ETF and real estate policies. In particular, the proposal to raise the comprehensive real estate tax on super-expensive houses and non-residential houses caused a great deal of controversy, leading the ruling party to revise the tax reform plan. Kim's resignation has raised interest in the selection of his successor, with names such as Kim Jeong-관, Minister of Trade, Industry and Energy, Joo Byung-ki, Chairman of the Fair Trade Commission, and former chief of the presidential policy office Lee Ho-seung being mentioned.
