Chairman Jeong Yong-jin Meets Political and Business Figures of Trump's Second Term... "Expanding Global Communication"

Met with Global IT Executives in the Trump Administration
Attended Vice President's Event and VIP Ball
Three Days of Nonstop, Intense Schedule

Chairman Chung Yong-jin of Shinsegae Group, who attended President Trump's inauguration ceremony, met consecutively with global political and business figures. Chairman Chung, who has maintained a special relationship with Trump Jr., visited Washington at the invitation of Trump Jr. and accompanied all schedules with his wife, Han Ji-hee.

According to Shinsegae Group on the 21st, Chairman Chung and his wife attended various events ranging from unofficial private gatherings before the inauguration to the 'Starlight' ball on the day of the inauguration.

Shinsegae Group Chairman Chung Yong-jin is having a conversation with Secretary of State Mark Rubio, the first member of the Trump administration cabinet to pass Senate confirmation, at the Starlight Ball held on the evening of the 20th (local time). Provided by Shinsegae Group.

During this period, Chairman Chung met with David Sacks, appointed as the AI and cryptocurrency policy chief in the Trump administration, as well as Mark Rubio, the nominee for Secretary of State. Sacks, a policy chief, is an American entrepreneur and venture capitalist expected to strongly lead Trump's policy to strengthen the U.S.'s global leadership in AI and cryptocurrency. At this meeting, Chairman Chung said, “I am very interested in integrating new technologies like AI into distribution to enhance customer experience.”

Policy chief Sacks said, “The retail industry is where consumers can most tangibly feel the advancements of AI,” adding, “The second Trump administration will also strive to ensure that new technologies lead to improvements in the quality of life for the people.”

Shinsegae Group Chairman Chung Yong-jin is seen conversing with David Sachs, who was appointed as the White House Cryptocurrency and Artificial Intelligence (AI) Policy Lead, at the Starlight Ball held on the evening of the 20th (local time).

In Washington D.C., Chairman Chung dined with Omid Malek and Christopher Busker, who co-founded the venture investment firm 1789 Capital with Trump Jr. At another private social event, he met Kevin Stitt, the current governor of Oklahoma. Last month, through his connection with Elon Musk, CEO of Tesla, at the Mar-a-Lago resort, he was also invited to a private event jointly hosted by global IT companies such as X (formerly Twitter) and Uber. Chairman Chung and his wife were the only Koreans among the attendees.

Chairman Chung, who is known as Tesla's first customer in Korea and has a strong interest in tech companies, engaged in in-depth conversations on various topics with key attendees such as Brad Gerstner, a renowned investor in innovative companies, and Kevin Stitt.

On the day of the inauguration, he visited the live broadcast site of President Trump's inauguration held at the Capital One Arena to congratulate President Trump's inauguration. Amid a significant reduction in the scale and attendance of the inauguration event due to the Arctic cold wave, Chairman Chung was invited and admitted due to his special relationship with the Trump family.

At the networking event hosted by Vice President J.D. Vance that followed, he built a broad network by interacting not only with key figures from the U.S. government and the Republican Party but also with senior officials from the financial industry. He also met Andrew Ferguson, chairman of the U.S. Federal Trade Commission (FTC), which corresponds to the U.S. Fair Trade Commission. Chairman Ferguson is known for his pro-business stance and is expected to best implement the Trump administration's pro-business policies.

On the evening of January 20th local time in the U.S., Chairman Chung attended the official inauguration ball, Starlight, held at Washington D.C.'s Union Station. This event is a social ball combined with a dinner attended by President Trump and his wife, Donald Trump Jr., and other family members and key figures. Chairman Chung attended this ball at the invitation of Trump Jr.

Chairman Chung said, “I will ensure that the global network I have built so far can create synergy with strengthening Shinsegae Group's core competitiveness for innovation and customer satisfaction,” adding, “I will do my best in my role as an entrepreneur pursuing innovation based on sincere communication.”

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