President Lee Jae-myung, who took office in June 2025 following the prior administration’s removal, holds office under South Korea’s single five-year term limit with the Democratic Party controlling 161 of 300 National Assembly seats. This majority raises the threshold for any impeachment motion, which requires two-thirds approval, rendering removal by legislative action improbable in the absence of a broad cross-party consensus. Recent polling shows fluctuating approval ratings that dipped to record lows near 42 percent in late August 2026 amid economic and housing concerns, yet parallel surveys registered rebounds to 50 percent, and no major scandals or institutional crises have escalated into sustained removal efforts. An earlier impeachment petition reached signature thresholds but stalled without realistic prospects of passage. The presidential office has reiterated commitments to economic priorities and ruled out term-extension maneuvers, supporting trader expectations that Lee will complete 2026 in office.