Constitutionally, Baldwin was on shaky ground and waiting until the Coronation took place probably would have resulted in a morganatic marriage with Edward remaining on the throne.
The King does not need permission of the Government to marry nor does he need the approval of the Archbishop of Canterbury. As The Sovereign, he is above the law.
However, if the Government had resigned in protest, a constitutional crisis would have been created. At that point, Parliament would have no choice but to pass an Act of Exclusion removing him from the throne and granting it to The Duke of York. Edward knew the monarchy could not afford to risk being abolished by Parliament and abdicated to avoid a conflict.
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