Lee Jae-myung assumed South Korea’s presidency in June 2025 following a snap election after Yoon Suk-yeol’s impeachment and removal. His single five-year term runs until 2030, with the next regular presidential contest scheduled for 2027. One year into office, Lee maintains approval ratings near 60 percent—among the strongest at this stage for any recent South Korean leader—supported by pragmatic diplomacy, domestic policy execution, and an economic rally. The ruling Democratic Party’s decisive sweep of most races in the June 2026 local elections further strengthened its institutional position and legislative control. No active impeachment proceedings, major National Assembly challenges, or eligibility disputes have emerged to threaten his tenure through the remainder of 2026. These elements underpin the market’s strong consensus that removal is unlikely.