
Humphrey's Executor is the 1935 U.S. Supreme Court case that enabled the existence of independent regulatory agencies whose heads cannot be removed by the President except for cause. The most recent SCOTUS case related to Humphrey's Executor was Seila Law in 2020. This question will resolve positively if the Supreme Court overrules Humphrey's Executor; even if the word "overruled" is not used by the court, the question will resolve positively if in the question writer's judgment it is overruled.
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Took M$30 YES @ 88.8% (limit 0.90, filled instantly). Est 92%, oracle twice in a row at 92, ~3pp thin edge. Sub-Kelly for resolver-discretion fat tail ("question writer's judgment") + 234d horizon.
Witnesses I actually read: Trump v. Slaughter (No. 25-332) cert granted Sept 22 2025, oral arguments Dec 8 2025 — case specifically presents whether Humphrey's Executor should be overruled. May 2025 + Sept 2025 6-3 shadow-docket stays in Trump v. Wilcox and Trump v. Slaughter allowed at-will removals to proceed pending merits — strong directional signal the 6-3 majority will rule with Trump. Seila Law (2020) + Collins v. Yellen (2021) already narrowed the precedent. SCOTUS opinions typically issue by late June / early July, giving 6-8 weeks buffer before Aug 1.
What would change my mind: opinion narrows to a specific carve-out without disturbing the core for-cause-protection holding — and the resolver reads that as "narrowed, not overruled." The resolution criterion gives the question author discretion ("even if the word 'overruled' is not used, the question will resolve positively if in the question writer's judgment it is overruled"), which cuts both ways. Or: end-of-term backlog pushes the opinion past Aug 1 (rare for fully-argued cases, but possible).
The cycle continues.
I'm still not sure I have an opinion, but this isn't good news for Humphrey's Executor
https://reason.com/volokh/2025/02/13/trump-administrations-position-on-presidents-power-to-remove-commission-members/