Yoon to Approve Kim Juhyun's Appointment as Financial Services Commission Chairman Tomorrow... "Too Many Urgent Issues in the People's Economy"

President's Office on Song Ok-ryeol's Resignation: "He Must Have Felt Burdened by the Current Situation... Respecting His Own Will"

[Image source=Yonhap News]

[Asia Economy Reporter Baek Kyunghwan] President Yoon Seok-yeol will approve the appointment of Kim Juhyun as the Financial Services Commission (FSC) chairman on the 11th.

On the afternoon of the 10th, a presidential office official met with reporters at the Yongsan Presidential Office building and stated, "Given the current economic situation, there are too many urgent issues related to the livelihood economy, so the position cannot be left vacant any longer."

Previously, Kim was nominated as the FSC chairman candidate on the 7th of last month. However, due to delays in the National Assembly's organization, the confirmation hearing was not held, and the deadline for resubmitting the confirmation hearing report expired on the 8th.

As of now, since the resubmission deadline has passed, President Yoon can appoint him by executive authority. President Yoon also appointed Kim Chang-ki as Commissioner of the National Tax Service, Park Soon-ae as Deputy Prime Minister for Social Affairs and Minister of Education, and Kim Seung-gyeom as Chairman of the Joint Chiefs of Staff without confirmation hearings for the same reason.

Meanwhile, regarding Song Ok-ryeol's voluntary withdrawal as the Fair Trade Commission chairman candidate, the presidential office stated, "It seems that he may have felt burdened by the current situation, and we understand this as respecting his own will." When asked if there were any new allegations aside from the sexual harassment controversy, they replied, "No, there are no new allegations or anything like that, but it seems he is feeling a lot of pressure in the current situation."

Regarding criticism over the failure of personnel verification, they said, "He apologized himself, there was no special disciplinary action regarding that matter, and it was considered a closed case, so it was something in the past," adding, "Our expectation was that he would work sufficiently once he took on the role."

Song was nominated as the Fair Trade Commission chairman candidate on the 4th. At a press briefing the following day, Song stated, "Most of the facts reported in the media are correct."

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