**President Lee Jae-myung, who took office in June 2025 following Yoon Suk-yeol’s impeachment, faces approval ratings in the mid-to-high 30s amid criticism over real estate policies, cabinet nomination controversies, and personnel vetting.** Recent weeks saw nominee withdrawals and public backlash, prompting Lee to accept responsibility in a September 2026 press conference while reaffirming his commitment to prosecution reform and other institutional changes. He has repeatedly ruled out pursuing constitutional amendments for a second term, consistent with the single five-year limit. No impeachment proceedings or resignation pressures have emerged despite opposition scrutiny and modest poll fluctuations. Diplomatic activity, including UN engagement and bilateral summits, alongside policy announcements on welfare and security, have not altered the structural barriers to early removal. Traders’ strong consensus that Lee will remain in office through 2026 reflects the absence of acute political or legal triggers capable of overriding the fixed term and ruling-party support.
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