PPP vows all-out fight in regular session to scrutinize Lee government's 'failures'

The People Power Party said it will intensively scrutinize the Lee Jae Myung government's economic and personnel policies ahead of the regular National Assembly session and the national audit. The party plans to make livelihood issues — including real estate, the stock market and prices — as well as overall government policy the central agenda of the national audit, pledging an all-out fight against the ruling bloc.

PPP Floor Leader Jeong Jeom-sik said at the 2026 PPP Lawmakers' Workshop, held Thursday at Sono Calm in Ilsan, Goyang, Gyeonggi Province, that the party must "thoroughly expose and condemn the reality of the destruction and dismantling being carried out by the Lee Jae Myung government during the regular session."

"The PPP is still a minority party, but the situation has begun to change," Jeong said. "As the Lee Jae Myung government enters its second year in power, its limitations are being exposed at an accelerating pace."

He said "holes are appearing across the board in state affairs," adding that "the fallout from misguided policies is showing up in every area of governance — real estate, stocks, prices and education — and the problems our party and experts warned about are becoming reality."

Jeong also put the government's personnel system in the crosshairs. "The government is running an incomplete acting-official system without appointing permanent heads of investigative agencies such as prosecutors and police," he said. "The sight of ministers from the Ministry of Unification, Ministry of Foreign Affairs, Ministry of Trade, Industry and Energy, and Ministry of Employment and Labor openly quarreling with one another shows a ragtag cabinet."

He characterized the first year since the Lee government took office as "a year of destruction and dismantling." "Ideologically biased economic policies are undermining market principles, and the legislative steamrolling by the dominant ruling party is tearing down the constitution and common sense," Jeong said. "No matter how much perfume you spray, you cannot hide the stench of rot. The public is now beginning to see this government's incompetence and true nature for what they are."

Jeong said the opposition's role in the upcoming regular session is critical. "Each standing committee must point out, item by item, the problems with policies in their respective areas and present substantive alternatives," he said, urging lawmakers to "pay particularly close attention to real estate and stock market issues that are directly tied to the people's assets."

He also said the hasty introduction of single-stock leveraged ETFs and the controversy over mobilizing the national pension fund to prop up share prices "must be fully brought to light through this national audit," and called on all 109 PPP lawmakers to "unite as one and fight alongside the people."

PPP leader Jang Dong-hyeok also described the regular session and national audit as a watershed moment in the fight against the ruling bloc. "We hold a regular session and national audit every year, but this year the weight of it is entirely different," Jang said. "People's lives are so difficult right now that words like 'real estate hell,' 'stock market casino' and 'job cliff' are being used to describe them."

"Can we really leave things as they are for four more years?" he said. "During this regular session and national audit, we must firmly represent the public's worries and anger. We must thoroughly prepare for the interpellation sessions and national audit to scrutinize the Lee government's misrule and tyranny, and present the people with the right alternatives."

Jang also called on the party to stay engaged on the special prosecutor investigation into the National Election Commission. "As the special prosecutor investigation into the NEC gets fully under way during the regular session, the truth behind the disenfranchisement scandal will come to light one by one," he said. "We cannot leave it all to the special prosecutor — the National Assembly must thoroughly examine the parts it is responsible for."

He also said the party must begin preparing now for electoral system reform and NEC reform, signaling that it would actively pursue related legislative discussions during the regular session.