Seoul: Rep. Jung Chung-rae of the ruling Democratic Party (DP) resigned as chairman of the party Wednesday in a move widely seen as a step toward seeking reelection at the party's national convention, slated for August. "I spent many sleepless nights looking back on myself and my political life," Jung said during a meeting of the party's supreme council at the National Assembly. "I am stepping down as party leader today."

According to Yonhap News Agency, with Jung's resignation, DP floor leader Han Byung-do will serve as the acting party leader until the convention. This transition comes at a crucial time as the party prepares for its national convention, where significant decisions about its leadership and future direction will be made. The decision by Jung to resign and potentially seek reelection indicates a strategic move to reaffirm his leadership within the party.