Lee Jae-myung assumed South Korea’s presidency on June 4, 2025, following a snap election after Yoon Suk-yeol’s impeachment and removal over the failed December 2024 martial law declaration. His single five-year term runs through 2030, with the next scheduled presidential election set for March 2030. As of mid-2026, Lee maintains approval ratings near 60 percent despite a modest dip after June local elections and ballot-related issues, while his Democratic Party holds a National Assembly supermajority that reinforces legislative control. No credible impeachment proceedings, resignation signals, or constitutional challenges have emerged that would alter his tenure before year-end. Recent statements on potential four-year term reforms explicitly exclude changes affecting his current mandate, and routine governance activities including foreign visits continue without disruption. These factors underpin trader consensus that removal before 2027 remains unlikely.