**President Lee Jae-myung, who took office in June 2025 after the prior administration’s removal, faces a five-year single term extending into 2030 under South Korea’s constitution.** His Democratic Party holds a supermajority in the National Assembly, creating a high structural barrier to impeachment that would require two-thirds support and significant cross-party defections unlikely without major new developments. Approval ratings have fluctuated—remaining near or above 50 percent in several mid-2026 polls despite dips tied to local election management issues and economic concerns—but have not triggered sustained removal pressure. The party’s strong showing in the June 2026 local elections further consolidated his position. Recent activity centers on policy implementation, budget proposals, and constitutional reform discussions for future terms rather than immediate challenges to his tenure. Traders price the low probability of an early exit accordingly, reflecting the institutional protections and absence of acute political catalysts through late August 2026.