Democratic Party Leadership Resigns... Transition to Yoon Ho-joong's Emergency Committee System (Comprehensive)

Song Young-gil, leader of the Democratic Party of Korea, is announcing his intention to resign from his position at a press conference held at the National Assembly in Yeouido, Seoul, on the afternoon of the 10th. On this day, the Democratic Party leadership decided to take full responsibility for the presidential election defeat and resign en masse. [Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] The Democratic Party of Korea has decided to have the entire leadership resign and transition to an emergency response committee led by Yoon Ho-jung.

Song Young-gil, the leader of the Democratic Party, said to reporters after a closed-door Supreme Council meeting at the National Assembly on the afternoon of the 10th, "Since I have always emphasized responsible politics, I intend to take responsibility for the presidential election defeat as party leader and resign," adding, "The Supreme Council members also agreed to resign together."

With the entire leadership stepping down, Yoon Ho-jung, the floor leader, will take charge as the emergency response committee chairman to lead preparations for the local elections.

Chief spokesperson Ko Yong-jin explained, "Floor leader Yoon has expressed that he takes the position of emergency response committee chairman seriously," and added, "Considering that suddenly appointing a new leader after the entire leadership resigned could cause confusion and division, this decision was made." He continued, "As chairman, he will consider the composition of the emergency response committee and work with new members to conduct the local elections, leading up to the next party convention."

The leadership also decided to promote holding an early floor leader election, considering that it would be difficult to simultaneously perform the duties of emergency response committee chairman and floor leader ahead of the local elections. Tentatively, the floor leader election will be held before the 25th, with a members' meeting scheduled for the afternoon of the 11th to gather opinions before making a final decision.

Additionally, the Democratic Party decided to appoint candidate Lee Jae-myung as a standing advisor on the same day. Chief spokesperson Ko said, "Party leader Song Young-gil called candidate Lee and asked him to contribute and assist the party in various ways as a standing advisor, and candidate Lee accepted."

This content was produced with the assistance of AI translation services.