Ex-PM Kim announces bid for ruling party leadership | PiQ Markets
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Ex-PM Kim announces bid for ruling party leadership
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IN SHORT
Former Prime Minister Kim Min-seok announced his bid for the leadership of the ruling Democratic Party (DP) on Monday, aiming to reform the party to support the administration of President Lee Jae Myung. The party is scheduled to elect its new chairperson at a convention on August 17. Meanwhile, President Lee Jae Myung's approval rating saw a slight increase of 0.5 percentage points to 47 percent, according to a Realmeter poll, marking the first rise in seven weeks. Disapproval ratings fell to 49.2 percent.
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Key Numbers
0.5 percentage pointincrease in President Lee's approval rating
47 percentPresident Lee's approval rating
seven weeksperiod since last approval rating rise
49.2 percentPresident Lee's disapproval rating
Who's Involved
Kim Min-seok
Former Prime Minister announcing bid for DP leadership
Democratic Party
Ruling party holding leadership convention
Lee Jae Myung
President whose administration Kim Min-seok aims to support
Realmeter
Polling organization that reported approval ratings
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Key facts
Former Prime Minister Kim Min-seok announced his candidacy for the ruling Democratic Party leadership.
Kim Min-seok aims to reform the party to support President Lee Jae Myung's administration.
The Democratic Party will hold a convention on August 17 to elect a new chairperson.
President Lee Jae Myung's approval rating increased by 0.5 percentage points.
President Lee Jae Myung's approval rating is now at 47 percent.
This is the first rise in President Lee Jae Myung's approval rating in seven weeks.
President Lee Jae Myung's disapproval rating fell to 49.2 percent.
A Realmeter poll reported these approval rating figures.
Former Prime Minister Kim Min-seok has announced his candidacy for the leadership of the ruling Democratic Party (DP). Kim declared his intention to run for the party chairperson position on Monday, stating his goal is to reform the DP to ensure the success of President Lee Jae Myung's administration. The party has set August 17 as the date for its convention, where the new chairperson will be elected.
In parallel developments, President Lee Jae Myung's approval rating has shown a modest increase. A recent poll conducted by Realmeter indicates that the president's approval rating rose by 0.5 percentage points, reaching 47 percent. This marks the first upward trend in his approval ratings over the past seven weeks. Concurrently, the disapproval rating for President Lee Jae Myung decreased to 49.2 percent.
↳ Why This Matters
Former Prime Minister Kim Min-seok has announced his candidacy for the leadership of the ruling Democratic Party (DP). Kim declared his intention to run for the party chairperson position on Monday, stating his goal is to reform the DP to ensure the success of President Lee Jae Myung's administration. The party has set August 17 as the date for its convention, where the new chairperson will be elected.
Frequently asked questions
Kim Min-seok announced his candidacy on Monday, July 6, 2026.
His main goal is to reform the Democratic Party to ensure the success of the Lee Jae Myung administration and restore the party's winning capabilities.
The party plans to hold a convention on August 17 to elect its new chairperson.
He is expected to run against Rep. Jung Chung-rae and former party chairman Rep. Song Young-gil.
What Happens Next
01The Democratic Party will hold a convention on August 17 to elect a new chairperson.
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