President Lee Jae-myung made a pointed joke to Lee Hyung-il, nominee for Deputy Prime Minister and Minister of Finance and Economy, during a Cabinet meeting this morning (September 1), saying, "I might even rescind your nomination," while urging him to make every effort to manage prices for Chuseok holiday staples.

Check out the video for more details.

(Produced by: Park Se-won | Video Editing by: Kim Hye-ju | Design: Sumin Lee | Produced by SBS Digital News)