President Gustavo Petro remains firmly in office as Colombia's leader, with his constitutional term concluding August 7, 2026, and no credible impeachment proceedings, moción de censura, or resignation rumors in recent weeks. Approval ratings have rebounded to 47-49% in late April polls—his highest since early in the term—bolstered by Pacto Histórico's lead in March congressional elections despite lacking a legislative majority for reforms. The Supreme Court rejected his April 9 emergency economic decree, while a U.S. probe into alleged drug ties ended without charges on March 31. Traders monitor the May 31 presidential election first round, where Petro-backed Iván Cepeda leads polls, alongside risks from security incidents or scandals in the final 100 days.