The People Power Party apologized for the impeachment of the president and the loss in the presidential election, including the emergency martial law declared by former President Yoon Suk-yeol on Dec. 3. It also announced plans to transform into a 'policy-focused party' to become a viable opposition against the Lee Jae-myung government.

The People Power Party Chairman Song Eon-seok, who also serves as the floor leader, greets during a press conference for his inauguration as the Chairman on the 2nd at the National Assembly in Yeouido, Seoul./Courtesy of Yonhap News Agency

Song Eon-seok, chairperson and floor leader of the People Power Party, said at an inauguration press conference held at the National Assembly on the 2nd, 'We have caused great disappointment to the public, from the illegal emergency martial law on Dec. 3 last year to the impeachment of the president and the loss in the presidential election.' He added, 'I sincerely apologize once again, feeling the responsibility for not fully embracing the will of the public.'

He emphasized, 'I will start again, reflecting and resolving never to repeat such mistakes. I will advance only based on the will of the public and take the public's sentiment as a measure.' He added, 'I will do so with the mindset of laying the foundation for becoming a winning opposition.'

Chairperson Song outlined three main objectives for the new emergency committee: ▲ preparing reforms to drive change within the party ▲ fulfilling the role of critique and checks as the opposition ▲ presenting a competent policy-focused party. He appointed Ahn Cheol-soo as the chair of the reform committee.

Chairperson Song stated, 'We will prepare groundbreaking and comprehensive reform plans that the public can resonate with and actively pursue them with the new party leadership,' adding, 'I will demonstrate the party's transformation not through slogans but through actions, not through words but through deeds.'

He continued, 'Although it has been less than a month since the Lee Jae-myung government took office, warning lights have begun to illuminate in various areas of governance.' He stated that 'the People Power Party will create solid policy alternatives focusing on fostering the capital market, creating a favorable environment for corporations, rational tax reforms, and real estate policies.'

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