South Korea opposition demands dismissal of policy chief Kim Yong-beom

Members of the People Power Party, led by lawmaker Jeong Jeom‑sik, have intensified calls for the removal of Kim Yong‑beom, the presidential policy chief. They cite his role in promoting a single‑stock leveraged ETF, his remarks on high interest rates, inflation and exchange rates, and a proposed "AI national dividend" as evidence of policy failures, urging a special investigation and parliamentary inquiry.

The ruling Democratic Party rebuffed the accusations, labeling them political attacks that stir market anxiety and calling the demand for a special prosecutor a "matar‑door" stunt. The dispute reflects a broader partisan clash over economic policy and market confidence in South Korea.