The National Assembly will conduct hearings to evaluate the performance of the Lee Jae-myung administration in its second year, starting October 6 and continuing for a month.
The Democratic Party will focus on highlighting the achievements of key policies, including three major projects and the future response fund, while the People Power Party is expected to delve into issues related to real estate, the stock market, U.S. investments, and personnel and judicial matters.
According to political sources on October 5, both parties will emphasize livelihood issues during the hearings, but their evaluations of government policies are likely to diverge sharply.
The Democratic Party will concentrate on assessing the implementation of major livelihood and economic policies pursued by the government. They will examine whether key projects, including the three major initiatives and the future response fund, are being carried out as planned, and will focus on the outcomes related to regional balanced development and livelihood recovery.
The People Power Party views the economy as the government's biggest weakness and plans to intensify its attacks. Key issues include policies on real estate and the stock market, the controversy over the introduction of single-stock leveraged exchange-traded funds (ETFs), negotiations on U.S. investments such as the Alaska liquefied natural gas (LNG) project, and the establishment process of the future response fund.
Particularly, a fierce debate is expected over the future response fund. The government and ruling party argue that it is a strategic financial tool for enhancing growth potential, reducing polarization, and promoting regional balanced development. However, the People Power Party plans to scrutinize the methods of funding and operational scope, as well as the extent of parliamentary oversight.
Conflicts surrounding judicial and prosecutorial reforms are also anticipated.
In the Legislative Judiciary Committee, the Democratic Party is expected to launch attacks regarding the attendance of Chief Justice Cho Hee-dae and the controversy over the rejection of the Chief Justice's reappointment.
The People Power Party will focus on questioning the follow-up measures and potential gaps in investigation and security following the establishment of the Serious Crimes Investigation Agency and the Prosecution Service. The selection of the inaugural head of the Serious Crimes Investigation Agency and the readiness of its organization and personnel are also expected to be key points of verification.
Across various standing committees, lines of conflict between the two parties are likely to emerge. In the Operations Committee, allegations of government interference by individuals from Gyeonggi and Seongnam are expected to be scrutinized, along with ongoing personnel controversies. The Culture, Sports and Tourism Committee will address controversies surrounding the film 'Assassins,' while the Defense Committee will discuss the North Korean landmine explosion incident in the Demilitarized Zone (DMZ) and the military's response.
People Power Party leader Jang Dong-hyuk stated at a press conference on current issues, "Our government's stance on U.S. investments always differs from the announcements made by the U.S. side," adding, "The future response fund is destined to become a 'popularity response fund.' We will scrutinize each issue during this National Assembly hearing."
The Democratic Party will focus on highlighting the achievements of key policies, including three major projects and the future response fund, while the People Power Party is expected to delve into issues related to real estate, the stock market, U.S. investments, and personnel and judicial matters.
According to political sources on October 5, both parties will emphasize livelihood issues during the hearings, but their evaluations of government policies are likely to diverge sharply.
The Democratic Party will concentrate on assessing the implementation of major livelihood and economic policies pursued by the government. They will examine whether key projects, including the three major initiatives and the future response fund, are being carried out as planned, and will focus on the outcomes related to regional balanced development and livelihood recovery.
The People Power Party views the economy as the government's biggest weakness and plans to intensify its attacks. Key issues include policies on real estate and the stock market, the controversy over the introduction of single-stock leveraged exchange-traded funds (ETFs), negotiations on U.S. investments such as the Alaska liquefied natural gas (LNG) project, and the establishment process of the future response fund.
Particularly, a fierce debate is expected over the future response fund. The government and ruling party argue that it is a strategic financial tool for enhancing growth potential, reducing polarization, and promoting regional balanced development. However, the People Power Party plans to scrutinize the methods of funding and operational scope, as well as the extent of parliamentary oversight.
Conflicts surrounding judicial and prosecutorial reforms are also anticipated.
In the Legislative Judiciary Committee, the Democratic Party is expected to launch attacks regarding the attendance of Chief Justice Cho Hee-dae and the controversy over the rejection of the Chief Justice's reappointment.
The People Power Party will focus on questioning the follow-up measures and potential gaps in investigation and security following the establishment of the Serious Crimes Investigation Agency and the Prosecution Service. The selection of the inaugural head of the Serious Crimes Investigation Agency and the readiness of its organization and personnel are also expected to be key points of verification.
Across various standing committees, lines of conflict between the two parties are likely to emerge. In the Operations Committee, allegations of government interference by individuals from Gyeonggi and Seongnam are expected to be scrutinized, along with ongoing personnel controversies. The Culture, Sports and Tourism Committee will address controversies surrounding the film 'Assassins,' while the Defense Committee will discuss the North Korean landmine explosion incident in the Demilitarized Zone (DMZ) and the military's response.
People Power Party leader Jang Dong-hyuk stated at a press conference on current issues, "Our government's stance on U.S. investments always differs from the announcements made by the U.S. side," adding, "The future response fund is destined to become a 'popularity response fund.' We will scrutinize each issue during this National Assembly hearing."
* This article has been translated by AI.
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