![\"Yongbum](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/07\/rcv.YNA.20260721.PYH2026072105710001300_P1.jpg\")
\uc0ac\uc9c4 \ud655\ub300 Yongbum Kim, the chief policy officer of the Blue House [Yonhap News] <\/p>\n“Rather than reflection, the investigation into the introduction of the Yongbum Kim to avoid responsibility
Leverage ETF” <\/p>\n
\uc0ac\uc9c4 \ud655\ub300 Yongbum Kim, the chief policy officer of the Blue House [Yonhap News] <\/p>\n
The People’s Power strongly criticized the Lee Jae Myung government’s economic policy in the wake of the plunge in the domestic stock market, calling for an investigation into the replacement of the Blue House policy chief Yongbum Kim and the introduction of a single-stock leveraged exchange-traded fund (ETF).<\/p>\n
The People’s Power called for a complete change in the economic line on the 29th, saying that the government’s policy is responsible for the market turmoil as the domestic stock market plunged for two consecutive days. In particular, it recently launched an offensive targeting the controversial single-stock leveraged ETF, calling it a policy that “encouraged speculation fever.”<\/p>\n
Floor leader Chung Je-sik said on his SNS account, “Before the Lee Jae Myung government, was there such a roller coaster full of side cars and circuit breakers in our stock market?” and criticized, “Chief Kim is still in a hurry to avoid responsibility rather than reflecting on himself, even though he is responsible for throwing the stock market and economy into chaos as an economic control tower.”<\/p>\n
“President Lee should immediately replace the incompetent and irresponsible head of department Kim, completely replace the economic line,” he said. “Humble to accept the government’s responsibility for causing confusion in the stock market and apologize to the people who suffered great damage due to the stock price crash.”<\/p>\n
Park Choong-kwon, a senior spokesman, criticized in a commentary, “It is clear that the Korean stock market has been pushed to the brink of collapse by repeating its extreme jump,” adding, “It has fueled speculation by launching high-risk leveraged products at a rapid pace, and has driven the people to a “gambling” by focusing only on boosting stock prices.”<\/p>\n
“It is an act of nailing the public’s heart again to promote the rise in stock prices and take a namola-style attitude when the market faces a disaster,” he said. “Chief Kim should resign immediately and investigate the entire process of introducing leverage ETFs.”<\/p>\n
Spokesman Ham In-kyung said in a comment, “Side cars and circuit breakers become routine, and numerous ant investors lose valuable assets overnight and shed blood tears,” adding, “Clearly take responsibility for the policy failure.”<\/p>\n
Kwon Young-se, a five-term lawmaker, said on social media, “The policy chief urged leveraged ETFs that turned the stock market into speculative markets and raised the gambling platform, not durability. When the index rose, it praised itself because it was the government’s achievement, but now no one is responsible,” he pointed out.<\/p>\n
Meanwhile, Chief of Staff Kim, who is conducting President Lee Jae Myung’s state visit to Brazil, diagnosed at a press center in Sao Paulo that “our market was not the only one with large volatility over the past two to three months,” but said, “We need to check the overall situation, not only the leverage ETF.”<\/p>\n
In addition, external variables such as the success of China’s largest DRAM company, Changsin Memory (CXMT), on the Shanghai stock market and the development of deep ultraviolet (DUV) exposure equipment by a Chinese state-owned company may have been factors.<\/p>\n
“If there is a change of about 10 in the center of the change, it appears to be about 20 to 30 in Korea. This is amplified due to the characteristics of our market,” he also diagnosed.<\/p>\n","protected":false},"excerpt":{"rendered":"“Rather than reflection, the investigation into the introduction of the Yongbum Kim to avoid responsibilityLeverage ETF” \uc0ac\uc9c4 \ud655\ub300…\n","protected":false},"author":2,"featured_media":102820,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[31,146,50724,50962,53230,26665,50725,33],"class_list":["post-102819","post","type-post","status-publish","format-standard","has-post-thumbnail","category-south-korea","tag-korea","tag-lee-jae-myung","tag-leverage","tag-policy-director","tag-rollercospee","tag-sidecar","tag-single-stock","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/102819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=102819"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/102819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/102820"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=102819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=102819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=102819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}