Lee Jae-myung assumed South Korea’s presidency in June 2025 after a snap election triggered by the prior leader’s impeachment. One year later, his approval ratings have held near 60 percent—among the strongest at this stage for any recent president—while the Democratic Party secured decisive gains across most local races in the June 2026 elections. These results have reinforced legislative and regional control ahead of the next scheduled presidential contest in 2027. No active impeachment proceedings, National Assembly majorities against him, or other institutional removal mechanisms have emerged. Traders therefore assign an 88.6 percent implied probability that Lee will remain in office through the end of 2026, reflecting the absence of near-term political or legal catalysts capable of altering that trajectory.