South Korean Political Landscape and Presidential Contest

President Lee Jae Myung rejected speculation regarding constitutional revisions for reelection on October 15, 2026. He vowed to maintain his current reform agenda despite shifting to pragmatic methods. Following this statement, his approval ratings began a recovery trend, rising from a record low of 37 percent to 39 percent on October 16. By October 23, his approval rating surpassed 40 percent for the first time since early September. On October 26, President Lee appointed Choi Kil-su as the presidential special inspector. Choi swore political neutrality in Seoul while tasked with investigating corruption allegations involving the president's family and close relatives. Two days later, President Lee used social media to warn against 'irresponsible extremism.' He accused critics of hindering prosecution reforms by demanding excessive changes. The political tension escalated following the National Assembly's passage of a special counsel bill. This bill aims to investigate allegations of fabricated indictments, including those involving the president. The opposition People Power Party criticized the bill as an attempt to cancel all indictments against the president. Justice Minister nominee Lee Yong-cheol addressed the controversy in mid-November. He expressed reservations about nullifying indictments against President Lee. On November 11, Lee Yong-cheol reiterated that the special counsel probe must focus on uncovering the truth regarding the alleged fabricated indictments.