**President Lee Jae-myung faces suspended criminal cases from his pre-presidency period, but constitutional immunity shields him from prosecution except for insurrection or treason.** The ruling Democratic Party holds a 161-seat majority in the 300-member National Assembly, making it structurally difficult for the opposition People Power Party to assemble the two-thirds majority (200 votes) needed to pass an impeachment motion. Recent polls show Lee's approval rating rebounding modestly to the mid-to-high 30s after declines tied to real estate policy and economic concerns, while political energy has focused on separate disputes over judiciary appointments, prosecution reform, and constitutional amendment efforts rather than presidential removal. Earlier opposition-backed petitions for impeachment gained signatures but lacked realistic prospects of advancing. Traders price the "No" outcome at 94% because no sustained legislative coalition or acute crisis has emerged to overcome these institutional barriers before 2027.