DP to "Monitor Tax Reform Impact" Amid Concerns Over Heavier Burden on Non-Resident Owners Kim Young-bae of the Democratic Party and Rep. Han Jeong-ae, chair of the party's policy committee, converse during a real estate policy seminar hosted by the Democratic Party's Seoul Metropolitan City Party at the National Assembly Members' Office Building on the 6th. SBS Aug 6, 2026 4:37 PM
President Lee: 'Policies with Good Intentions That Harm Public Worse Than Doing Nothing' President Lee Jae-myung said, "Even a policy started with good intentions is worse than doing nothing if the public cannot feel its effects or if it instead harms their lives," adding, "We need an administration that always examines issues from the public's perspective and actively corrects anything without sanctuary if problems arise." President Lee made the remarks during a meeting of senior secretaries he presided over at the presidential office, stating, "All achievements in state affairs are ultimately evaluated by the public, who are the sovereigns." This remark is also interpreted as a message mindful of the recent social conflicts, such as sharply divided public opinion for and against the abolition of prosecutors' supplementary investigation powers during the revision of the Criminal Procedure Act. SBS Aug 6, 2026 3:19 PM
Former President Yoon Sends Message of Encouragement to 'Olympic Park' Protesters; Ruling Party Reaches Out to Youth Former President Yoon Suk Yeol has released a message from prison to young people who have been staging a prolonged protest at Olympic Park demanding a re-election. SBS Aug 6, 2026 3:18 PM
Oh Se-hoon: "Expression That Holding and Capital Gains Tax Hikes Feel Like State Violence Resonates" Seoul Mayor Oh Se-hoon stated today regarding the government's real estate tax reform proposal, "Watching holding taxes and capital gains taxes rise sharply, the expression that it feels like a form of state violence really resonated with me." During his closing remarks at the Seoul City Grand Debate for Real Estate Normalization, presided over at Seoul City Hall today, Mayor Oh said, "Listening to the remarks of citizens and experts today, I could not help but feel heavy-hearted," and made these remarks. SBS Aug 6, 2026 3:12 PM
President Lee Jae-myung Calls Unprecedented Heatwave a National Climate Disaster President Lee Jae-myung stated that unprecedented extreme heat is severely threatening the lives of citizens, declaring that the country is currently facing a national climate disaster situation. SBS Aug 6, 2026 2:59 PM
Seoul Mayor Oh Se-hoon Rejects Housing Supply in Yongsan Park, Emphasizes Leaving Green Space for Future Generations Seoul Mayor Oh Se-hoon made it clear today that he "can never agree" with proposals raised in some quarters to supply housing within the Yongsan Park site, firmly opposing the idea. SBS Aug 6, 2026 2:23 PM
People Power Party Leadership Calls for Strict Ethics Committee Action Against Rep. Seo Bum-soo Over 'Roundhouse Kick' Remark Seo Bum-soo of the People Power Party The leadership of the People Power Party announced today during a Supreme Council meeting that they reached a consensus that the party's Central Ethics Committee should take strict disciplinary action against Representative Seo Bum-soo, who sparked controversy with inappropriate remarks during a National Assembly seminar regarding the abolition of prosecutors' supplementary investigation powers. SBS Aug 6, 2026 1:37 PM
U.S. Marine Corps Conducts First Suicide Drone Live-Fire Exercise in South Korea... "Learning the Peninsula's Terrain" Marine Corps Conducts First Suicide Drone Live-Fire Exercise in South Korea The U.S. SBS Aug 6, 2026 12:38 PM
President Lee Jae-myung Presides Over Heatwave and Drought Inspection Meeting: "All-out and Preemptive Response Required" As extreme heat continues with heavy heatwave warnings issued for most of the Seoul metropolitan area, inland Gangwon, and parts of Jeolla, President Lee Jae-myung presided over an inspection meeting on heatwave and drought response measures. SBS Aug 6, 2026 12:08 PM
DPK Slams PPP's "Fear Marketing" Over Tax Reform, Calling It Political Agitation The Democratic Party of Korea fired back today against the People Power Party's criticism of the government's tax reform bill, labeling it "fear marketing for political strife." "The 2026 tax reform bill is the result of tax normalization efforts aimed at protecting the livelihoods of the public and reinforcing a virtuous economic cycle," Policy Committee Chair Han Jeong-ae said during a policy coordination meeting held at the National Assembly. SBS Aug 6, 2026 11:58 AM