Taiwan's opposition parties launched the first-ever impeachment proceedings against President Lai Ching-te in late 2025 over Premier Cho Jung-tai's refusal to countersign a revenue-sharing law passed by the KMT- and TPP-controlled legislature, citing separation-of-powers concerns amid a paralyzed Constitutional Court. The motion advanced to a May 2026 Legislative Yuan vote but received only 56 yes votes, well short of the two-thirds supermajority (76 of 113 seats) required to refer the case for judicial review. Opposition parties hold roughly 62 seats combined and face additional constitutional hurdles, including the need for two-thirds approval by sitting justices. No new legislative actions or formal bids have emerged since the failed vote. Traders are also watching the nine-in-one local elections scheduled for late 2026, which could shift legislative dynamics or signal broader voter sentiment on executive-legislative gridlock.