The People Power Party has decided to change its party name for the first time in approximately 5.5 years ahead of the June 3 local elections. The decision comes as the party faces the risk of defeat in local elections following former President Yoon Suk Yeol's martial law declaration and subsequent impeachment, prompting party leader Jang Dong-hyeok to push for the name change as part of party renewal efforts. A new party name is expected to be finalized next month through public nominations and consultation with party members. This name change continues a pattern from the past where the party has repeatedly changed its name during electoral defeats and times of crisis. The party has previously been known as Hannara Party, Saenuri Party, Liberty Korea Party, and Future United Party before becoming the People Power Party, and this change will mark the fifth party name in its history.