President Lee Jae-myung, who took office in June 2025 following the impeachment and removal of his predecessor, faces no active impeachment proceedings or formal removal efforts as of September 2026. His Democratic Party maintains a National Assembly majority, limiting opposition leverage for the two-thirds vote required to initiate impeachment. Approval ratings have declined from peaks near 60-70% to around 40% amid economic pressures, housing concerns, and fallout from June 2026 local elections, yet these shifts have not translated into organized legislative challenges. Scheduled parliamentary sessions and cabinet processes continue without triggering constitutional thresholds for ouster. Traders price the “No” outcome at 90.8% because structural barriers, party control, and absence of recent escalatory events align with historical patterns where removal requires sustained supermajority consensus.