Overview

• Lee convened his inaugural cabinet meeting on June 5 to launch a 30 trillion-won emergency stimulus package aimed at reversing economic stagnation.
• The spending plan targets households and industries facing pressure from US tariffs, weak consumer demand and a downgraded 0.8% growth outlook by the central bank.
• Parliament passed special counsel bills to probe insurrection charges against former President Yoon Suk Yeol and corruption allegations involving his wife.
• Lee withdrew two Constitutional Court nominees appointed by acting President Han Duck-soo, questioning the authority of caretaking officials.
• He ordered civil servants back to the presidential office after finding it stripped of equipment and is racing to finalize key Cabinet appointments to ensure continuity.