Loading...
Market
Impact of loan controversy on Clarence Thomas's position by end of 2025
2
Resolution / Starting Odds
Resigns • 25%
Impeached • 25%
Continues in position • 25%
Retires voluntarily • 25%
Supreme Court announcements or major legal news outlets
Story
Senate Democrats Demand Answers on Clarence Thomas's $260,000 RV Loan and Taxable Income
May 16, 2024, 05:51 PM
Senate Democrats, including Senators Ron Wyden and Sheldon Whitehouse, are demanding explanations from Supreme Court Justice Clarence Thomas regarding a $260,000 loan he received from a wealthy friend to purchase a luxury RV. The loan, which was given two decades ago, has raised concerns over potential violations of tax laws if it was forgiven but not reported as taxable income. Despite repeated inquiries, Thomas has not clarified whether he repaid the principal amount of the loan. The issue has sparked significant controversy, with critics arguing that Thomas's evasive responses suggest he believes he is above the law.
View original story
Similar markets
Impeachment initiated • 25%
Censured by the Senate • 25%
No significant impact • 25%
Resigns voluntarily • 25%
No impact • 33%
Resignation • 33%
Impeachment proceedings • 33%
Loan repaid • 33%
Loan forgiven • 33%
No resolution • 34%
No consequences • 25%
Formal reprimand • 25%
Financial penalties • 25%
Forced resignation • 25%
Public support • 25%
Public criticism • 25%
No public comment • 25%
Mixed responses • 25%
Resigns • 33%
Remains in position • 33%
Impeached • 34%
No action • 33%
Ethics investigation • 33%
Formal reprimand or penalty • 33%