Overview

• Kweon Seong-dong announced his resignation Thursday at a National Assembly meeting, accepting responsibility for Kim Moon-soo’s 41.15% vote share against President Lee Jae-myung’s 49.42%.
• Members of the party’s emergency leadership committee including policy chief Kim Sang-hoon also offered to step down following the floor leader’s departure.
• Party figures cited deep-seated infighting and the failure to distance themselves from former President Yoon Suk Yeol’s martial law declaration as key factors in the election loss.
• An emergency committee is scheduled to meet behind closed doors to set a timeline for electing a new floor leader from among several contenders.
• A general meeting next Monday will decide interim leader Kim Yong-tae’s status and outline broader plans for party reform.