{
  "id": 5018106,
  "title": "Kim Yong-beom breaks silence on policy controversies after resignation",
  "url": "https://urgent.news/2026/09/02/kim-yong-beom-breaks-silence-on-policy-controversies-after-resignation-5018106",
  "topic": "world",
  "section": "World",
  "published": "2026-09-02T05:12:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/southkorea/20260902/kim-yong-beom-breaks-silence-on-policy-controversies-after-resignation"
  },
  "original_language": "en",
  "account": "On Tuesday, former presidential policy chief Kim Yong-beom broke his silence on two contentious policy decisions that contributed to his eventual resignation. The introduction of single-stock leveraged ETFs and the government's housing policies had drawn harsh criticism from opposition parties. Kim resigned after 15 months in office, claiming he was unfairly blamed for the losses incurred by investors in leveraged ETFs. He argued that the timing of the product's launch was coincidental and aligned with a global market correction. Kim provided further context during a phone interview with the Hankook Ilbo on Tuesday. He explained that the decision to introduce leveraged ETFs in late May was made when the won-dollar exchange rate had reached a high of 1,500 won per dollar, prompting the government to seek ways to stabilize the currency. According to Kim, discussions with market participants led to the consideration of differences in financial products available in Korea and the U.S., ultimately resulting in the idea for the leveraged ETF. The KOSPI benchmark index had previously reached its peak during this period.",
  "summary": "Outgoing presidential policy chief Kim Yong-beom spoke out Tuesday about the introduction of single-stock leveraged exchange-traded funds (ETFs) and the government's controversial housing policies, both of which had made him a target of opposition calls for his resignation. Kim, who stepped down after 15 months in office, said he was unfairly portrayed as the main culprit behind losses suffered…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Kim Yong-beom breaks silence on policy controversies after resignation",
        "url": "https://urgent.news/2026/09/02/kim-yong-beom-breaks-silence-on-policy-controversies-after-resignation",
        "published": "2026-09-02T05:02:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}