Meetings in Washington, FORGE alliance and new Fed head nomination — Ep. 118

In this week’s episode, the Korea Pro team unpacks the Washington meeting between ROK Foreign Minister Cho Hyun and U.S. Secretary of State Marco Rubio, which they describe as productive on alliance priorities like civil nuclear cooperation, shipbuilding and broader strategic coordination. But they contrast that with far tougher parallel meetings on trade, where South Korean officials reportedly came away with no concrete outcomes and ongoing disagreement over how to implement bilateral commitments. The conversation then shifts to critical minerals and the launch of the Forum on Resource Geostrategic Engagement, or FORGE, which replaces the earlier Mineral Security Partnership framework with a more operational model focused on financing, price stability and enforcement tools such as adjustable tariffs.  On U.S. economic policy, the hosts discuss Kevin Warsh’s nomination to lead the Federal Reserve. They also break down South Korea’s return to the U.S. foreign-exchange monitoring list, emphasizing that this was framed around Korea’s large current-account and bilateral trade surpluses rather than currency manipulation.  The team also previews expected government follow-up measures ahead of the May 9 end of temporary tax relief for multi-home owners and flag major media-industry news: Washington Post layoffs and the closure of its Seoul hub. About the podcast: The Korea Pro Podcast is a weekly conversation hosted by Korea Risk Group Executive Director Jeongmin Kim, Managing Editor John Lee and correspondent Joon Ha Park, delivering deep, clear analysis of South Korean politics, diplomacy, security, society and technology for professionals who need more than headlines. Uploaded every Friday. This episode was recorded on Thursday, Feb. 5, 2026. Audio edited by Alannah Hill