
Finance and Economy Committee Chairman Cho Seung-rae [Photo=Yonhap News]
The National Assembly's Finance and Economy Committee meeting scheduled for July 3 has been canceled. The ruling People Power Party is boycotting the meeting in protest of the Democratic Party's unilateral formation of committees, and the absence of some Democratic Party members has also contributed to the lack of quorum.
The committee had planned to convene to discuss the appointment of a new secretary but abruptly canceled the session. A source from the committee stated that the cancellation was due to the absence of several members. According to this source, not only are members from the People Power Party refusing to attend, but some members from the Democratic Party are also missing.
Additionally, the Democratic Party has scheduled a workshop for its members in preparation for the second half of the 22nd National Assembly, making it difficult to hold the meeting. This situation likely influenced the decision to cancel the session. The Finance and Economy Committee is expected to reschedule the meeting to address the appointment of the secretary and conduct reports from various agencies in the future.
* This article has been translated by AI.
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