Who will be the next Supreme Court justice?
Short Answer
1. Executive Verdict
- Judge Justin Smith has deep ties to Leonard Leo's influential judicial network.
- Judge James Ho is consistently identified as a potential "originalist" heir.
- Senators Lee and Cruz are championed by key Republican legislative leaders.
- Several judges consistently appear on shortlists for a Republican presidency.
- Supreme Court vacancy probabilities are highest in years 2025 and 2026.
- Unexpected nominations remain possible despite extensive vetting and shortlists.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Amul Thapar | 9.5% | 7.8% | As a conservative federal appellate judge, he remains a frequently discussed potential nominee. |
| Aileen Cannon | 11.0% | 8.9% | Her high-profile judicial role has brought her increased attention as a potential conservative pick. |
| Andrew Oldham | 13.0% | 10.4% | His background as a conservative federal appellate judge keeps him in consideration for future vacancies. |
| James Ho | 12.0% | 9.3% | Judge Ho is consistently identified as an originalist and potential ideological heir to Justice Thomas. |
| Ted Cruz | 8.0% | 6.6% | Senator Cruz's deep conservative legal background and political standing keep him a speculative contender. |
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Market Data
Contract Snapshot
This market resolves to "Yes" if James Ho is the first person confirmed by the Senate as a Supreme Court Justice by January 20, 2029; otherwise, it resolves to "No." The outcome is verified using the Library of Congress. The market, which opened on November 7, 2024, will close early upon any Supreme Court justice's confirmation or by January 20, 2029, at 11:59 pm EST, and those with material, non-public information or employment by Source Agencies are prohibited from trading.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Andrew Oldham | $0.10 | $0.91 | 13% |
| James Ho | $0.13 | $0.88 | 12% |
| Aileen Cannon | $0.11 | $0.93 | 11% |
| Amul Thapar | $0.10 | $0.91 | 10% |
| Ron DeSantis | $0.12 | $0.92 | 9% |
| Ted Cruz | $0.06 | $0.95 | 8% |
| D. John Sauer | $0.04 | $0.97 | 7% |
| Mike Lee | $0.06 | $0.96 | 6% |
| Patrick Bumatay | $0.07 | $0.94 | 6% |
| Neomi Rao | $0.05 | $0.95 | 5% |
| Michael Park | $0.02 | $0.99 | 4% |
| Emil Bove | $0.03 | $0.99 | 3% |
| Stephanos Bibas | $0.01 | $1.00 | 3% |
| Barbara Lagoa | $0.02 | $0.99 | 2% |
| Joan Larsen | $0.01 | $1.00 | 2% |
| Kate Comerford Todd | $0.01 | $1.00 | 2% |
| Lawrence VanDyke | $0.03 | $0.98 | 2% |
| Mark Martin | $0.01 | $1.00 | 2% |
| Gregory G. Katsas | $0.03 | $0.98 | 2% |
| Stuart Kyle Duncan | $0.01 | $1.00 | 2% |
| Kevin Newsom | $0.02 | $0.98 | 2% |
| Allison Eid | $0.01 | $1.00 | 1% |
| Allison Jones Rushing | $0.01 | $1.00 | 1% |
| Britt Grant | $0.01 | $1.00 | 1% |
| Clint Bolick | $0.01 | $1.00 | 1% |
| David Stras | $0.01 | $1.00 | 1% |
| Evan Young | $0.01 | $1.00 | 1% |
| Kathryn Mizelle | $0.02 | $0.99 | 1% |
| Kevin Brobson | $0.01 | $1.00 | 1% |
| Kristen Waggoner | $0.02 | $0.99 | 1% |
| Matthew Kacsmaryk | $0.02 | $0.99 | 1% |
| Morse Tan | $0.01 | $1.00 | 1% |
| Patrick Wyrick | $0.01 | $1.00 | 1% |
| Trevor McFadden | $0.01 | $1.00 | 1% |
| Tom Cotton | $0.01 | $1.00 | 1% |
| Kenneth Lee | $0.07 | $0.94 | 0% |
| Mike Lee | $0.00 | $1.00 | 0% |
Market Discussion
The market discussion primarily focuses on potential conservative nominees for the next Supreme Court justice, with Andrew Oldham, James Ho, and Amul Thapar showing the highest market percentages, and other names like Thomas Hardiman and Mike Lee also being discussed. Arguments for a "Yes" outcome center on specific individuals, with one notable instance of Mike Lee's price spiking significantly. Conversely, some traders debated the political viability of a conservative nominee if the House flips, though it was clarified that only the Senate approves judicial appointments.
4. Which Judicial Nominees Have Ties to Leonard Leo's Network and Project 2025?
| Judge Smith's Network Ties | Deep and current ties to Leonard Leo's conservative judicial network [^] |
|---|---|
| Heritage Foundation's Role | Actively promotes specific individuals for Supreme Court consideration [^] |
| Project 2025 Advisory Board | Members engage directly with its leadership [^] |
5. Can Quantitative Analysis of Nominee Rulings Be Performed?
| Nominee List Context | Potential nominees discussed for a second Donald Trump term [^], [^] |
|---|---|
| Vacancy Discussions | Speculation regarding Justice Samuel Alito [^], [^], [^], [^], [^] |
| Judicial Pick Confirmation | Timeline for confirming judicial picks mentioned [^], [^] |
6. How Does a Departing Justice's Identity Influence Replacement Strategy?
| Influence of Departing Justice | Dictates nominee's role as "ideological heir" or balance shifter [^] |
|---|---|
| Potential Justice Ho | Identified as an "originalist" and "heir to Clarence Thomas" [^] |
| Common Nominee Shortlist Candidates | Kyle Duncan, Neomi Rao, Kathryn Mizelle on shortlists [^] |
7. Who are the Supreme Court nominees backed by Republican leaders?
| Key Endorsements | Senators Mike Lee and Ted Cruz by Senator Chuck Grassley [^] |
|---|---|
| Influential Supporter | Senator Chuck Grassley, former Chairman of the Senate Judiciary Committee [^] |
| Broader Candidate Pool | "Trump's Top Contenders" [^] |
8. What are the probabilities of a Supreme Court vacancy and Senate control?
| 2025 SCOTUS Vacancy Probability | 31% [^] |
|---|---|
| 2026 SCOTUS Vacancy Probability | 35% [^] |
| Republicans Senate Control (Post-2026) | 57.1% [^] |
9. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: February 03, 2029
- Closes: January 21, 2029
10. Decision-Flipping Events
- Trigger: Catalyst analysis unavailable.
12. Historical Resolutions
No historical resolution data available for this series.
Get Real-Time Research Updates
Sign up for early access to live reports, historical data, and AI-powered market insights delivered to your inbox.