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| alma_mater = [[University of Wisconsin-Madison]]
| alma_mater = [[University of Wisconsin-Madison]]
| occupation = Businessman and banking executive
| occupation = Businessman and banking executive
| years_active = 1994-present
| years_active = 1994–present
| party = [[Republican Party (United States)|Republican]]
| party = [[Republican Party (United States)|Republican]]
| spouse = Sharon Hovde
| spouse = Sharon Hovde
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| relatives = Ingvald "Inky" Hovde (Grandfather)
| relatives = Ingvald "Inky" Hovde (Grandfather)
}}
}}

'''Eric Hovde''' is an American businessman and banking executive. As a political candidate in Wisconsin, he mounted an unsuccessful primary campaign in 2012 and is seeking the Republican nomination to run in the [[2024 United States Senate election in Wisconsin]].
'''Eric Hovde''' is an American businessman and banking executive. As a political candidate in Wisconsin, he mounted an unsuccessful primary campaign in 2012 and is seeking the Republican nomination to run in the [[2024 United States Senate election in Wisconsin]].


== Early life and education ==
==Early life and education==
Hovde was born in [[Madison, Wisconsin]] in 1964 and raised in the nearby town of [[Maple Bluff, Wisconsin|Maple Bluff]].<ref>{{Cite web |title=Vote Smart {{!}} Eric Hovde |url=http://votesmart.org/ |access-date=March 16, 2024 |website=Vote Smart}}</ref> He is of [[Norwegian Americans|Norwegian]] decent and his father immigrated from Norway to the United States as a child.<ref name=":1" /> Hovde's father, [[Donald Hovde]], served as Undersecretary of the [[United States Department of Housing and Urban Development|U.S. Department of Housing and Urban Development]] for President Ronald Reagan and served as President of the [[National Association of Realtors]] for a brief period in 1979.<ref>{{Cite web |title=Nomination of Donald I. Hovde To Be Under Secretary of Housing and Urban Development {{!}} The American Presidency Project |url=https://www.presidency.ucsb.edu/documents/nomination-donald-i-hovde-be-under-secretary-housing-and-urban-development |access-date=March 16, 2024 |website=www.presidency.ucsb.edu}}</ref> In addition, Donald Hovde also served as a member of the Federal Home Loan Bank Board from 1983 until 1985 and founded Hovde Realty, Inc.<ref>{{Cite web |title=Nomination of Donald I. Hovde To Be a Member of the Federal Home Loan Bank Board |url=https://www.reaganlibrary.gov/archives/speech/nomination-donald-i-hovde-be-member-federal-home-loan-bank-board |access-date=March 16, 2024 |website=Ronald Reagan Library |language=en}}</ref> Hovde's great-grandfather Ingvald "Inky" Hovde founded Hovde Properties in 1933, which is now co-owned by Eric and his brother Steve.<ref name=":5" />
Hovde was born in [[Madison, Wisconsin]] in 1964 and raised in the nearby town of [[Maple Bluff, Wisconsin|Maple Bluff]].<ref>{{Cite web |title=Vote Smart {{!}} Eric Hovde |url=http://votesmart.org/ |access-date=March 16, 2024 |website=Vote Smart}}</ref> He is of [[Norwegian Americans|Norwegian]] decent and his father immigrated from Norway to the United States as a child.<ref name=":1" /> Hovde's father, [[Donald Hovde]], served as Undersecretary of the [[United States Department of Housing and Urban Development|U.S. Department of Housing and Urban Development]] for President Ronald Reagan and served as President of the [[National Association of Realtors]] for a brief period in 1979.<ref>{{Cite web |title=Nomination of Donald I. Hovde To Be Under Secretary of Housing and Urban Development {{!}} The American Presidency Project |url=https://www.presidency.ucsb.edu/documents/nomination-donald-i-hovde-be-under-secretary-housing-and-urban-development |access-date=March 16, 2024 |website=www.presidency.ucsb.edu}}</ref> In addition, Donald Hovde also served as a member of the Federal Home Loan Bank Board from 1983 until 1985 and founded Hovde Realty, Inc.<ref>{{Cite web |title=Nomination of Donald I. Hovde To Be a Member of the Federal Home Loan Bank Board |url=https://www.reaganlibrary.gov/archives/speech/nomination-donald-i-hovde-be-member-federal-home-loan-bank-board |access-date=March 16, 2024 |website=Ronald Reagan Library |language=en}}</ref> Hovde's great-grandfather Ingvald "Inky" Hovde founded Hovde Properties in 1933, which is now co-owned by Eric and his brother Steve.<ref name=":5" />


Hovde attended [[Madison East High School]] and he graduated from the [[University of Wisconsin-Madison]] where he studied Economics and International Relations.<ref name=":1">{{Cite web |date=February 24, 2024 |title=Eric Hovde Bio: Senate Candidate Has Deep Roots In Wisconsin, 'Is 3rd Generation Wisconsinite' |url=https://www.wisconsinrightnow.com/eric-hovde-bio/ |access-date=March 16, 2024 |language=en-US}}</ref>
Hovde attended [[Madison East High School]] and he graduated from the [[University of Wisconsin-Madison]] where he studied Economics and International Relations.<ref name=":1">{{Cite web |date=February 24, 2024 |title=Eric Hovde Bio: Senate Candidate Has Deep Roots In Wisconsin, 'Is 3rd Generation Wisconsinite' |url=https://www.wisconsinrightnow.com/eric-hovde-bio/ |access-date=March 16, 2024 |language=en-US}}</ref>


== Business career ==
==Business career==
After college, Hovde moved to [[Washington, D.C.|Washington D.C]]. due to his father's roles in the [[Presidency of Ronald Reagan|Reagan Administration]]. After spending 24 years in Washington D.C., Hovde moved back to Wisconsin in 2011 months before he announced his senatorial campaign.<ref name=":2">{{Cite web |date=August 7, 2012 |title=U.S. Senate candidate profile: Political newcomer Eric Hovde |url=https://www.fox6now.com/news/u-s-senate-candidate-profile-political-newcomer-eric-hovde |access-date=March 16, 2024 |website=FOX 6 Now Milwaukee |language=en-US}}</ref>
After college, Hovde moved to [[Washington, D.C.|Washington D.C]]. due to his father's roles in the [[Presidency of Ronald Reagan|Reagan Administration]]. After spending 24 years in Washington D.C., Hovde moved back to Wisconsin in 2011 months before he announced his senatorial campaign.<ref name=":2">{{Cite web |date=August 7, 2012 |title=U.S. Senate candidate profile: Political newcomer Eric Hovde |url=https://www.fox6now.com/news/u-s-senate-candidate-profile-political-newcomer-eric-hovde |access-date=March 16, 2024 |website=FOX 6 Now Milwaukee |language=en-US}}</ref>


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Eric Hovde has also gone into [[Humanitarian aid|humanitarian]] work and charity. The organization is named Hovde Foundation and was founded in 1998.<ref>{{cite web | url=https://hovdefoundation.org/about-us/ | title=About Us }}</ref>
Eric Hovde has also gone into [[Humanitarian aid|humanitarian]] work and charity. The organization is named Hovde Foundation and was founded in 1998.<ref>{{cite web | url=https://hovdefoundation.org/about-us/ | title=About Us }}</ref>


== Campaigns ==
==Campaigns==
⚫
===2012===

⚫
=== 2012 ===
{{Main article|2012 United States Senate election in Wisconsin}}
{{Main article|2012 United States Senate election in Wisconsin}}
On March 8, 2012, Hovde announced his candidacy for Wisconsin's open U.S. Senate seat which was vacated by Incumbent [[Democratic Party (United States)|Democratic]] Senator, [[Herb Kohl]]. He faced a four-way primary versus four-term governor and former [[United States Department of Health and Human Services|Department of Health and Human Services]] Secretary [[Tommy Thompson]], former Congressman [[Mark Neumann]], and then-[[Wisconsin State Assembly|Wisconsin Assembly]] Speaker [[Jeff Fitzgerald]]. Hovde ran his campaign on many traditionally conservative platforms, including a balanced budget, a limited [[Federal Reserve]], a deregulated economy, and lower taxes.<ref name=":4">{{Cite web |date=June 18, 2012 |title=GOP Candidate Tells Press To Stop Writing 'Sob Stories' About Poor People |url=https://www.huffpost.com/entry/eric-hovde-sob-stories-poor-people_n_1605343 |access-date=March 16, 2024 |website=HuffPost |language=en}}</ref>
On March 8, 2012, Hovde announced his candidacy for Wisconsin's open U.S. Senate seat which was vacated by Incumbent [[Democratic Party (United States)|Democratic]] Senator, [[Herb Kohl]]. He faced a four-way primary versus four-term governor and former [[United States Department of Health and Human Services|Department of Health and Human Services]] Secretary [[Tommy Thompson]], former Congressman [[Mark Neumann]], and then-[[Wisconsin State Assembly|Wisconsin Assembly]] Speaker [[Jeff Fitzgerald]]. Hovde ran his campaign on many traditionally conservative platforms, including a balanced budget, a limited [[Federal Reserve]], a deregulated economy, and lower taxes.<ref name=":4">{{Cite web |date=June 18, 2012 |title=GOP Candidate Tells Press To Stop Writing 'Sob Stories' About Poor People |url=https://www.huffpost.com/entry/eric-hovde-sob-stories-poor-people_n_1605343 |access-date=March 16, 2024 |website=HuffPost |language=en}}</ref>
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However Hovde lost the primary on August 14, 2012, to Tommy Thompson. Hovde came in second with 31% of the vote compared to Thompson's 34%.
However Hovde lost the primary on August 14, 2012, to Tommy Thompson. Hovde came in second with 31% of the vote compared to Thompson's 34%.


=== 2024 ===
===2024===
{{Main article|2024 United States Senate election in Wisconsin}}
{{Main article|2024 United States Senate election in Wisconsin}}
On February 20, 2024, Hovde announced his candidacy for the [[2024 United States Senate election in Wisconsin|2024 United States Senate election]] against incumbent [[Democratic Party (United States)|Democrat]] [[Tammy Baldwin]].<ref name=":0">{{Cite web |date=February 20, 2024 |title=Republican Eric Hovde officially enters Wisconsin Senate race against Tammy Baldwin |url=https://www.nbcnews.com/politics/2024-election/eric-hovde-enters-wisconsin-senate-race-rcna139258 |access-date=March 16, 2024 |website=NBC News |language=en}}</ref> He generally suffers from low name recognition, as [[Marquette University Law School]] poll in January 2024 found that more than eight in 10 registered voters in Wisconsin didn't know enough about Hovde to form an opinion of him.<ref name=":0" /> The Democratic Party of Wisconsin has mainly attacked Hovde's residence in California and his ownership of several banks.<ref>{{Cite web |title=Hovde was in California the day Steve Daines announced Senate Campaign |url=https://wisdems.org/wisdems-news/hovde-in-california-on-day-daines-announced-his-candidacy/ |access-date=March 15, 2024 |website=Wisconsin Dems}}</ref><ref>{{Cite web |date= |title=Eric Hovde in His Own Words: "My Main Business" Is the California Bank I Own |url=https://wisdems.org/wisdems-news/hovde-my-main-business-is-in-california/ |archive-date= |access-date=March 15, 2024 |website=Wisconsin Dems}}</ref>
On February 20, 2024, Hovde announced his candidacy for the [[2024 United States Senate election in Wisconsin|2024 United States Senate election]] against incumbent [[Democratic Party (United States)|Democrat]] [[Tammy Baldwin]].<ref name=":0">{{Cite web |date=February 20, 2024 |title=Republican Eric Hovde officially enters Wisconsin Senate race against Tammy Baldwin |url=https://www.nbcnews.com/politics/2024-election/eric-hovde-enters-wisconsin-senate-race-rcna139258 |access-date=March 16, 2024 |website=NBC News |language=en}}</ref> He generally suffers from low name recognition, as [[Marquette University Law School]] poll in January 2024 found that more than eight in 10 registered voters in Wisconsin didn't know enough about Hovde to form an opinion of him.<ref name=":0" /> The Democratic Party of Wisconsin has mainly attacked Hovde's residence in California and his ownership of several banks.<ref>{{Cite web |title=Hovde was in California the day Steve Daines announced Senate Campaign |url=https://wisdems.org/wisdems-news/hovde-in-california-on-day-daines-announced-his-candidacy/ |access-date=March 15, 2024 |website=Wisconsin Dems}}</ref><ref>{{Cite web |date= |title=Eric Hovde in His Own Words: "My Main Business" Is the California Bank I Own |url=https://wisdems.org/wisdems-news/hovde-my-main-business-is-in-california/ |archive-date= |access-date=March 15, 2024 |website=Wisconsin Dems}}</ref>
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National Republican Senate Committee Chair [[Steve Daines]] was quoting as saying, "[Hovde's] experience as a job creator rather than a career politician makes him a strong candidate to flip Wisconsin's Senate seat this year."<ref name=":5">{{Cite web |title=Businessman Eric Hovde enters U.S. Senate race, setting up Wisconsin contest against Tammy Baldwin |url=https://www.jsonline.com/story/news/politics/elections/2024/02/20/eric-hovde-enters-u-s-senate-race-in-challenge-to-tammy-baldwin/72634143007/ |access-date=March 16, 2024 |website=Journal Sentinel |language=en-US}}</ref> As part of his campaign, Hovde has pledged to donate his Senate salary if elected to several Wisconsin-based charities.<ref name=":6">{{Cite web |last=Irwin |first=Lauren |date=March 15, 2024 |title=Hovde pledges to donate Senate salary if he wins in Wisconsin |url=https://thehill.com/homenews/campaign/4534713-hovde-pledges-to-donate-senate-salary-if-he-wins-in-wisconsin/ |access-date=March 16, 2024 |website=The Hill |language=en-US}}</ref> Controversially, Hovde called for heavy restrictions on the sale of alcohol in Wisconsin, a state [[Alcohol laws of Wisconsin|known for its beer]] and drinking culture.<ref name=":7">{{Cite magazine |last=Stuart |first=Tessa |date=March 13, 2024 |title=GOP Senate Candidate Took Bold Stance Against the Sale of Alcohol … in Wisconsin |url=https://www.rollingstone.com/politics/politics-news/eric-hovde-alcohol-wisconsin-senate-1234986412/ |access-date=March 16, 2024 |magazine=Rolling Stone |language=en-US}}</ref>
National Republican Senate Committee Chair [[Steve Daines]] was quoting as saying, "[Hovde's] experience as a job creator rather than a career politician makes him a strong candidate to flip Wisconsin's Senate seat this year."<ref name=":5">{{Cite web |title=Businessman Eric Hovde enters U.S. Senate race, setting up Wisconsin contest against Tammy Baldwin |url=https://www.jsonline.com/story/news/politics/elections/2024/02/20/eric-hovde-enters-u-s-senate-race-in-challenge-to-tammy-baldwin/72634143007/ |access-date=March 16, 2024 |website=Journal Sentinel |language=en-US}}</ref> As part of his campaign, Hovde has pledged to donate his Senate salary if elected to several Wisconsin-based charities.<ref name=":6">{{Cite web |last=Irwin |first=Lauren |date=March 15, 2024 |title=Hovde pledges to donate Senate salary if he wins in Wisconsin |url=https://thehill.com/homenews/campaign/4534713-hovde-pledges-to-donate-senate-salary-if-he-wins-in-wisconsin/ |access-date=March 16, 2024 |website=The Hill |language=en-US}}</ref> Controversially, Hovde called for heavy restrictions on the sale of alcohol in Wisconsin, a state [[Alcohol laws of Wisconsin|known for its beer]] and drinking culture.<ref name=":7">{{Cite magazine |last=Stuart |first=Tessa |date=March 13, 2024 |title=GOP Senate Candidate Took Bold Stance Against the Sale of Alcohol … in Wisconsin |url=https://www.rollingstone.com/politics/politics-news/eric-hovde-alcohol-wisconsin-senate-1234986412/ |access-date=March 16, 2024 |magazine=Rolling Stone |language=en-US}}</ref>


=== Other races ===
===Other races===
Hovde has been considered a candidate in [[2018 United States Senate election in Wisconsin|2018]] and [[2022 Wisconsin gubernatorial election|2022]] but declined for both. In 2018 he ultimately decided against running and endorsed Republican [[Leah Vukmir]].<ref>{{Cite web |last=Glauber |first=Bill |title=Eric Hovde remains undecided on 2018 U.S. Senate run in GOP primary |url=https://www.jsonline.com/story/news/politics/2017/12/11/eric-hovde-remains-undecided-2018-u-s-senate-run-gop-primary/941110001/ |access-date=March 16, 2024 |website=Journal Sentinel |language=en-US}}</ref><ref>{{Cite web |date=April 9, 2018 |title=Republican Eric Hovde Won't Enter Race For US Senate |url=https://www.wpr.org/politics/republican-eric-hovde-wont-enter-race-us-senate |access-date=March 16, 2024 |website=WPR |language=en-US}}</ref>
Hovde has been considered a candidate in [[2018 United States Senate election in Wisconsin|2018]] and [[2022 Wisconsin gubernatorial election|2022]] but declined for both. In 2018 he ultimately decided against running and endorsed Republican [[Leah Vukmir]].<ref>{{Cite web |last=Glauber |first=Bill |title=Eric Hovde remains undecided on 2018 U.S. Senate run in GOP primary |url=https://www.jsonline.com/story/news/politics/2017/12/11/eric-hovde-remains-undecided-2018-u-s-senate-run-gop-primary/941110001/ |access-date=March 16, 2024 |website=Journal Sentinel |language=en-US}}</ref><ref>{{Cite web |date=April 9, 2018 |title=Republican Eric Hovde Won't Enter Race For US Senate |url=https://www.wpr.org/politics/republican-eric-hovde-wont-enter-race-us-senate |access-date=March 16, 2024 |website=WPR |language=en-US}}</ref>


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This discussion over his theoretical gubernatorial campaign was also one of the first times he openly announced he was considering a run for senate in 2024.
This discussion over his theoretical gubernatorial campaign was also one of the first times he openly announced he was considering a run for senate in 2024.


== Policy positions ==
==Policy positions==
⚫
===Abortion===

⚫
=== Abortion ===
Hovde has stated that he is against late term abortion however stated exceptions are allowed.<ref name=":3" /><ref name=":8">{{Cite web |title=Abortion |url=https://repro-files.com/candidates/eric-hovde/abortion |access-date=March 16, 2024 |website=American Bridge 21st Century: Repro Files |language=en}}</ref> However, he supports [[Birth control|Contraceptives]].<ref name=":8" />
Hovde has stated that he is against late term abortion however stated exceptions are allowed.<ref name=":3" /><ref name=":8">{{Cite web |title=Abortion |url=https://repro-files.com/candidates/eric-hovde/abortion |access-date=March 16, 2024 |website=American Bridge 21st Century: Repro Files |language=en}}</ref> However, he supports [[Birth control|Contraceptives]].<ref name=":8" />


=== Alcohol Sale ===
===Alcohol sale===
In 2017, Hovde criticized alcohol sales, saying booze should only be available to people who brew or distill it themselves.<ref name=":7" />
In 2017, Hovde criticized alcohol sales, saying booze should only be available to people who brew or distill it themselves.<ref name=":7" />


=== Bipartisanship ===
===Bipartisanship===
In his 2024 Senate announcement, Hovde stated that he supports a bi-partisan solution to the [[Mexico–United States border|United States Border Crisis]] and equated politics with business and claimed that he would "work with anybody to try to advance the country and this state's interests."<ref name=":3" />
In his 2024 Senate announcement, Hovde stated that he supports a bi-partisan solution to the [[Mexico–United States border|United States Border Crisis]] and equated politics with business and claimed that he would "work with anybody to try to advance the country and this state's interests."<ref name=":3" />


=== Healthcare ===
===Healthcare===
Hovde supports medicaid and medicare. Hovde campaigned as a supporter of overturning the [[Affordable Care Act]] in his 2012 senatorial campaign.<ref name=":3" />
Hovde supports medicaid and medicare. Hovde campaigned as a supporter of overturning the [[Affordable Care Act]] in his 2012 senatorial campaign.<ref name=":3" />


=== Ideology ===
===Ideology===
Hovde described himself as a [[Libertarianism|Libertarian]] and [[Liberal conservatism|free-market conservative]] in his 2012 senate campaign, and has a Conservative in 2024.<ref name=":3" /> [[Mark Neumann]] attacked Hovde for being "too liberal" in 2012.<ref>{{Cite web |last=Kertscher |first=Tom |title=Fellow GOP Senate candidate Eric Hovde backed billions for rail, banks, Mark Neumann says |url=https://www.politifact.com/factchecks/2012/aug/03/mark-neumann/fellow-gop-senate-candidate-eric-hovde-backed-bill/ |access-date=March 16, 2024 |website=@politifact |language=en-US}}</ref>
Hovde described himself as a [[Libertarianism|Libertarian]] and [[Liberal conservatism|free-market conservative]] in his 2012 senate campaign, and has a Conservative in 2024.<ref name=":3" /> [[Mark Neumann]] attacked Hovde for being "too liberal" in 2012.<ref>{{Cite web |last=Kertscher |first=Tom |title=Fellow GOP Senate candidate Eric Hovde backed billions for rail, banks, Mark Neumann says |url=https://www.politifact.com/factchecks/2012/aug/03/mark-neumann/fellow-gop-senate-candidate-eric-hovde-backed-bill/ |access-date=March 16, 2024 |website=@politifact |language=en-US}}</ref>


=== Presidency of Joe Biden ===
===Presidency of Joe Biden===
Hovde is a critic of President [[Joe Biden]] and has expressed disappointment in both his administration's [[2020–2021 U.S. troop withdrawal from Afghanistan|withdrawal from Afghanistan]] and policy over the [[National debt of the United States|national debt]].<ref>{{Cite web |last=Conniff |first=Ruth |date=February 21, 2024 |title=Eric Hovde's weirdly lackluster Senate bid • Wisconsin Examiner |url=https://wisconsinexaminer.com/2024/02/21/eric-hovdes-weirdly-lackluster-senate-bid/ |access-date=March 16, 2024 |website=Wisconsin Examiner |language=en-US}}</ref>
Hovde is a critic of President [[Joe Biden]] and has expressed disappointment in both his administration's [[2020–2021 U.S. troop withdrawal from Afghanistan|withdrawal from Afghanistan]] and policy over the [[National debt of the United States|national debt]].<ref>{{Cite web |last=Conniff |first=Ruth |date=February 21, 2024 |title=Eric Hovde's weirdly lackluster Senate bid • Wisconsin Examiner |url=https://wisconsinexaminer.com/2024/02/21/eric-hovdes-weirdly-lackluster-senate-bid/ |access-date=March 16, 2024 |website=Wisconsin Examiner |language=en-US}}</ref>


=== Marijuana ===
===Marijuana===
Hovde has spoken in favor of decriminalizing [[Cannabis (drug)|marijuana]].<ref name=":9">{{Cite web |last=Rosciglione |first=Annabella |date=March 13, 2024 |title=Wisconsin GOP Senate candidate suggested banning alcohol sales in state known for its booze: Report - Washington Examiner |url=https://www.washingtonexaminer.com/news/campaigns/2919388/wisconsin-gop-senate-candidate-suggested-banning-alcohol-sales/ |access-date=March 16, 2024 |language=en-US}}</ref> At a 2017 event, he said he believed that marijuana should be available to those who grow it, similar to his stance on alcohol.<ref name=":9" />
Hovde has spoken in favor of decriminalizing [[Cannabis (drug)|marijuana]].<ref name=":9">{{Cite web |last=Rosciglione |first=Annabella |date=March 13, 2024 |title=Wisconsin GOP Senate candidate suggested banning alcohol sales in state known for its booze: Report - Washington Examiner |url=https://www.washingtonexaminer.com/news/campaigns/2919388/wisconsin-gop-senate-candidate-suggested-banning-alcohol-sales/ |access-date=March 16, 2024 |language=en-US}}</ref> At a 2017 event, he said he believed that marijuana should be available to those who grow it, similar to his stance on alcohol.<ref name=":9" />


=== Immigration ===
===Immigration===
As said on his official campaign website, Hovde is critical of the [[Presidency of Joe Biden|Biden administration]]'s handling of the Mexican-American border. In his arguments against immigration, Hovde has discussed the topic of [[Fentanyl]] and the ongoing controversy surrounding the drug.<ref>{{cite web | url=https://erichovde.com/immigration/ | title=Immigration | date=February 19, 2024 }}</ref>
As said on his official campaign website, Hovde is critical of the [[Presidency of Joe Biden|Biden administration]]'s handling of the Mexican-American border. In his arguments against immigration, Hovde has discussed the topic of [[Fentanyl]] and the ongoing controversy surrounding the drug.<ref>{{cite web | url=https://erichovde.com/immigration/ | title=Immigration | date=February 19, 2024 }}</ref>


However, on his [[Twitter]] (now X), he has shown his support for [[Immigration to the United States|legal immigration]] to the United States.<ref>{{Cite web |title=We have always been a nation of immigrants, but the American Dream should be pursued legally through the appropriate channels. It’s time to end the abuse of our asylum system and secure our southern border. |url=https://twitter.com/EricHovde/status/1773024565582610588 |access-date=2024-04-08 |website=X (formerly Twitter)}}</ref>
However, on his [[Twitter]] (now X), he has shown his support for [[Immigration to the United States|legal immigration]] to the United States.<ref>{{Cite web |title=We have always been a nation of immigrants, but the American Dream should be pursued legally through the appropriate channels. It’s time to end the abuse of our asylum system and secure our southern border. |url=https://twitter.com/EricHovde/status/1773024565582610588 |access-date=2024-04-08 |website=X (formerly Twitter)}}</ref>


== Personal life ==
==Personal life==
{{As of|2024}}, Hovde and his wife reside in [[Shorewood Hills, Wisconsin]] and own a $7-million mansion in [[Laguna Beach, California]] where he has lived on-and-off between the two properties.<ref name=":1" /><ref>{{Cite web |title=Senate Candidate Eric Hovde owns a 7 Million Dollar California Home |url=https://www.jsonline.com/story/news/investigations/daniel-bice/2023/05/15/possible-wisconsin-senate-candidate-eric-hovde-owns-7-million-dollar-california-home/70204226007/ |access-date=March 16, 2024 |website=Milwaukee Journal Sentinel}}</ref> He is also known to practice [[Brazilian jiu-jitsu|Brazilian Jiu-jitsu]] and suffers from [[Multiple sclerosis|Multiple Sclerosis]].<ref name=":2" />
{{As of|2024}}, Hovde and his wife reside in [[Shorewood Hills, Wisconsin]] and own a $7-million mansion in [[Laguna Beach, California]] where he has lived on-and-off between the two properties.<ref name=":1" /><ref>{{Cite web |title=Senate Candidate Eric Hovde owns a 7 Million Dollar California Home |url=https://www.jsonline.com/story/news/investigations/daniel-bice/2023/05/15/possible-wisconsin-senate-candidate-eric-hovde-owns-7-million-dollar-california-home/70204226007/ |access-date=March 16, 2024 |website=Milwaukee Journal Sentinel}}</ref> He is also known to practice [[Brazilian jiu-jitsu|Brazilian Jiu-jitsu]] and suffers from [[Multiple sclerosis|Multiple Sclerosis]].<ref name=":2" />


As of 2012, Hovde's net worth was at least $52 million.<ref name=":6" />
As of 2012, Hovde's net worth was at least $52 million.<ref name=":6" />


== Electoral history ==
==Electoral history==
Hovde has officially ran for public office once before, that being in 2012. The 2024 Hovde campaign has been his second only electoral campaign, but there have been minor [[Draft (politics)|draft movements]] — or at least groups which wanted for him to run, none of which achieved their goal. Hovde lost to former governor [[Tommy Thompson]] by 4 points in the election.
Hovde has officially ran for public office once before, that being in 2012. The 2024 Hovde campaign has been his second only electoral campaign, but there have been minor [[Draft (politics)|draft movements]] — or at least groups which wanted for him to run, none of which achieved their goal. Hovde lost to former governor [[Tommy Thompson]] by 4 points in the election.


=== 2012 United States Senate election in Wisconsin ===
===2012 United States Senate election in Wisconsin===

{{Election box begin no change
{{Election box begin no change
| title = Republican primary results<ref name="gab.wi.gov">{{cite web |url=http://gab.wi.gov/sites/default/files/Percentage%20Results_8.14.12%20primary.pdf |title=Canvass Results for 2012 Partisan Primary - 8/14/2012 |access-date=September 22, 2012 |publisher=[[Wisconsin Government Accountability Board]] |archive-date=October 29, 2013 |archive-url=https://web.archive.org/web/20131029204626/http://gab.wi.gov/sites/default/files/Percentage%20Results_8.14.12%20primary.pdf |url-status=dead}}</ref>
| title = Republican primary results<ref name="gab.wi.gov">{{cite web |url=http://gab.wi.gov/sites/default/files/Percentage%20Results_8.14.12%20primary.pdf |title=Canvass Results for 2012 Partisan Primary - 8/14/2012 |access-date=September 22, 2012 |publisher=[[Wisconsin Government Accountability Board]] |archive-date=October 29, 2013 |archive-url=https://web.archive.org/web/20131029204626/http://gab.wi.gov/sites/default/files/Percentage%20Results_8.14.12%20primary.pdf |url-status=dead}}</ref>
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== Awards ==
==Awards==
Hovde was named as one of [[Orange County, California]]'s most influential people in 2018, 2019, and 2021.<ref name=":0" /><ref>{{Cite web |date=January 3, 2018 |title=Eric Hovde |url=https://www.ocbj.com/oc-500/oc-500-eric-hovde/ |access-date=March 16, 2024 |website=Orange County Business Journal |language=en-US}}</ref>
Hovde was named as one of [[Orange County, California]]'s most influential people in 2018, 2019, and 2021.<ref name=":0" /><ref>{{Cite web |date=January 3, 2018 |title=Eric Hovde |url=https://www.ocbj.com/oc-500/oc-500-eric-hovde/ |access-date=March 16, 2024 |website=Orange County Business Journal |language=en-US}}</ref>


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*{{Cite web |title=Eric Hovde |url=https://ballotpedia.org/Eric_Hovde |access-date=March 16, 2024 |website=Ballotpedia |language=en}}
*{{Cite web |title=Eric Hovde |url=https://ballotpedia.org/Eric_Hovde |access-date=March 16, 2024 |website=Ballotpedia |language=en}}


== References ==
==References==
{{Reflist}}
{{Reflist}}


Revision as of 14:11, 9 April 2024

Eric Hovde
Hovde in 2012
Born
Eric Hovde

1964 (age 59–60)
Madison, Wisconsin, U.S.
BildungMadison East High School
Alma materUniversity of Wisconsin-Madison
Occupation(s)Businessman and banking executive
Years active1994–present
Political partyRepublican
SpouseSharon Hovde
Children2
FatherDonald Hovde
RelativesIngvald "Inky" Hovde (Grandfather)

Eric Hovde is an American businessman and banking executive. As a political candidate in Wisconsin, he mounted an unsuccessful primary campaign in 2012 and is seeking the Republican nomination to run in the 2024 United States Senate election in Wisconsin.

Early life and education

Hovde was born in Madison, Wisconsin in 1964 and raised in the nearby town of Maple Bluff.[1] He is of Norwegian decent and his father immigrated from Norway to the United States as a child.[2] Hovde's father, Donald Hovde, served as Undersecretary of the U.S. Department of Housing and Urban Development for President Ronald Reagan and served as President of the National Association of Realtors for a brief period in 1979.[3] In addition, Donald Hovde also served as a member of the Federal Home Loan Bank Board from 1983 until 1985 and founded Hovde Realty, Inc.[4] Hovde's great-grandfather Ingvald "Inky" Hovde founded Hovde Properties in 1933, which is now co-owned by Eric and his brother Steve.[5]

Hovde attended Madison East High School and he graduated from the University of Wisconsin-Madison where he studied Economics and International Relations.[2]

Business career

After college, Hovde moved to Washington D.C. due to his father's roles in the Reagan Administration. After spending 24 years in Washington D.C., Hovde moved back to Wisconsin in 2011 months before he announced his senatorial campaign.[6]

In 1994, Hovde started his own hedge fund, and he later went on to purchase a number of banks. Hovde currently serves as CEO for Hovde Properties, LLC. in Madison. He donated to the campaign of Democrat Jim Doyle in 2002.[6] He is CEO of Sunwest Bank.[7]

Eric Hovde has also gone into humanitarian work and charity. The organization is named Hovde Foundation and was founded in 1998.[8]

Campaigns

2012

Main article: 2012 United States Senate election in Wisconsin

On March 8, 2012, Hovde announced his candidacy for Wisconsin's open U.S. Senate seat which was vacated by Incumbent Democratic Senator, Herb Kohl. He faced a four-way primary versus four-term governor and former Department of Health and Human Services Secretary Tommy Thompson, former Congressman Mark Neumann, and then-Wisconsin Assembly Speaker Jeff Fitzgerald. Hovde ran his campaign on many traditionally conservative platforms, including a balanced budget, a limited Federal Reserve, a deregulated economy, and lower taxes.[9]

He generated controversy over remarks made on June 15, 2012, at the Brookfield Chamber of Commerce where Hovde suggested that he was tired of newspaper coverage of people suffering and impoverished by the recession, and would rather see coverage of national issues, such as the deficit.[9] His campaign was largely self-funded, with some significant contributions from conservative groups such as Freedomworks.[citation needed]

However Hovde lost the primary on August 14, 2012, to Tommy Thompson. Hovde came in second with 31% of the vote compared to Thompson's 34%.

2024

Main article: 2024 United States Senate election in Wisconsin

On February 20, 2024, Hovde announced his candidacy for the 2024 United States Senate election against incumbent Democrat Tammy Baldwin.[10] He generally suffers from low name recognition, as Marquette University Law School poll in January 2024 found that more than eight in 10 registered voters in Wisconsin didn't know enough about Hovde to form an opinion of him.[10] The Democratic Party of Wisconsin has mainly attacked Hovde's residence in California and his ownership of several banks.[11][12]

National Republican Senate Committee Chair Steve Daines was quoting as saying, "[Hovde's] experience as a job creator rather than a career politician makes him a strong candidate to flip Wisconsin's Senate seat this year."[5] As part of his campaign, Hovde has pledged to donate his Senate salary if elected to several Wisconsin-based charities.[13] Controversially, Hovde called for heavy restrictions on the sale of alcohol in Wisconsin, a state known for its beer and drinking culture.[14]

Other races

Hovde has been considered a candidate in 2018 and 2022 but declined for both. In 2018 he ultimately decided against running and endorsed Republican Leah Vukmir.[15][16]

Meanwhile, in 2022 Hovde considered another run, but Hovde would comment, saying he is more worried about national and federal issues than state-wide issues. Hovde did not comment to endorse Tim Michels, but did say ""This is no negative comment about Rebecca at all..."[17]

This discussion over his theoretical gubernatorial campaign was also one of the first times he openly announced he was considering a run for senate in 2024.

Policy positions

Abortion

Hovde has stated that he is against late term abortion however stated exceptions are allowed.[7][18] However, he supports Contraceptives.[18]

Alcohol sale

In 2017, Hovde criticized alcohol sales, saying booze should only be available to people who brew or distill it themselves.[14]

Bipartisanship

In his 2024 Senate announcement, Hovde stated that he supports a bi-partisan solution to the United States Border Crisis and equated politics with business and claimed that he would "work with anybody to try to advance the country and this state's interests."[7]

Gesundheitswesen

Hovde supports medicaid and medicare. Hovde campaigned as a supporter of overturning the Affordable Care Act in his 2012 senatorial campaign.[7]

Ideology

Hovde described himself as a Libertarian and free-market conservative in his 2012 senate campaign, and has a Conservative in 2024.[7] Mark Neumann attacked Hovde for being "too liberal" in 2012.[19]

Presidency of Joe Biden

Hovde is a critic of President Joe Biden and has expressed disappointment in both his administration's withdrawal from Afghanistan and policy over the national debt.[20]

Marijuana

Hovde has spoken in favor of decriminalizing marijuana.[21] At a 2017 event, he said he believed that marijuana should be available to those who grow it, similar to his stance on alcohol.[21]

Immigration

As said on his official campaign website, Hovde is critical of the Biden administration's handling of the Mexican-American border. In his arguments against immigration, Hovde has discussed the topic of Fentanyl and the ongoing controversy surrounding the drug.[22]

However, on his Twitter (now X), he has shown his support for legal immigration to the United States.[23]

Personal life

As of 2024, Hovde and his wife reside in Shorewood Hills, Wisconsin and own a $7-million mansion in Laguna Beach, California where he has lived on-and-off between the two properties.[2][24] He is also known to practice Brazilian Jiu-jitsu and suffers from Multiple Sclerosis.[6]

As of 2012, Hovde's net worth was at least $52 million.[13]

Electoral history

Hovde has officially ran for public office once before, that being in 2012. The 2024 Hovde campaign has been his second only electoral campaign, but there have been minor draft movements — or at least groups which wanted for him to run, none of which achieved their goal. Hovde lost to former governor Tommy Thompson by 4 points in the election.

2012 United States Senate election in Wisconsin

Republican primary results[25]
Party Candidate Votes %
Republican Tommy Thompson 197,928 34.0
Republican Eric Hovde 179,557 30.8
Republican Mark Neumann 132,786 22.8
Republican Jeff Fitzgerald 71,871 12.3
Republican Write ins 244 0.04
Total votes 582,630 100

Awards

Hovde was named as one of Orange County, California's most influential people in 2018, 2019, and 2021.[10][26]

  • "Eric Hovde". Ballotpedia. Retrieved March 16, 2024.

References

  1. ^ "Vote Smart | Eric Hovde". Vote Smart. Retrieved March 16, 2024.
  2. ^ a b c "Eric Hovde Bio: Senate Candidate Has Deep Roots In Wisconsin, 'Is 3rd Generation Wisconsinite'". February 24, 2024. Retrieved March 16, 2024.
  3. ^ "Nomination of Donald I. Hovde To Be Under Secretary of Housing and Urban Development | The American Presidency Project". www.presidency.ucsb.edu. Retrieved March 16, 2024.
  4. ^ "Nomination of Donald I. Hovde To Be a Member of the Federal Home Loan Bank Board". Ronald Reagan Library. Retrieved March 16, 2024.
  5. ^ a b "Businessman Eric Hovde enters U.S. Senate race, setting up Wisconsin contest against Tammy Baldwin". Journal Sentinel. Retrieved March 16, 2024.
  6. ^ a b c "U.S. Senate candidate profile: Political newcomer Eric Hovde". FOX 6 Now Milwaukee. August 7, 2012. Retrieved March 16, 2024.
  7. ^ a b c d e "Republican Eric Hovde seeks to unseat Democrat Baldwin in Wisconsin race for US Senate". AP News. February 20, 2024. Retrieved March 16, 2024.
  8. ^ "About Us".
  9. ^ a b "GOP Candidate Tells Press To Stop Writing 'Sob Stories' About Poor People". HuffPost. June 18, 2012. Retrieved March 16, 2024.
  10. ^ a b c "Republican Eric Hovde officially enters Wisconsin Senate race against Tammy Baldwin". NBC News. February 20, 2024. Retrieved March 16, 2024.
  11. ^ "Hovde was in California the day Steve Daines announced Senate Campaign". Wisconsin Dems. Retrieved March 15, 2024.
  12. ^ "Eric Hovde in His Own Words: "My Main Business" Is the California Bank I Own". Wisconsin Dems. Retrieved March 15, 2024.
  13. ^ a b Irwin, Lauren (March 15, 2024). "Hovde pledges to donate Senate salary if he wins in Wisconsin". The Hill. Retrieved March 16, 2024.
  14. ^ a b Stuart, Tessa (March 13, 2024). "GOP Senate Candidate Took Bold Stance Against the Sale of Alcohol … in Wisconsin". Rolling Stone. Retrieved March 16, 2024.
  15. ^ Glauber, Bill. "Eric Hovde remains undecided on 2018 U.S. Senate run in GOP primary". Journal Sentinel. Retrieved March 16, 2024.
  16. ^ "Republican Eric Hovde Won't Enter Race For US Senate". WPR. April 9, 2018. Retrieved March 16, 2024.
  17. ^ "Hovde passes on guv run, considering 2024 U.S. Senate bid". April 15, 2022.
  18. ^ a b "Abortion". American Bridge 21st Century: Repro Files. Retrieved March 16, 2024.
  19. ^ Kertscher, Tom. "Fellow GOP Senate candidate Eric Hovde backed billions for rail, banks, Mark Neumann says". @politifact. Retrieved March 16, 2024.
  20. ^ Conniff, Ruth (February 21, 2024). "Eric Hovde's weirdly lackluster Senate bid • Wisconsin Examiner". Wisconsin Examiner. Retrieved March 16, 2024.
  21. ^ a b Rosciglione, Annabella (March 13, 2024). "Wisconsin GOP Senate candidate suggested banning alcohol sales in state known for its booze: Report - Washington Examiner". Retrieved March 16, 2024.
  22. ^ "Immigration". February 19, 2024.
  23. ^ "We have always been a nation of immigrants, but the American Dream should be pursued legally through the appropriate channels. It's time to end the abuse of our asylum system and secure our southern border". X (formerly Twitter). Retrieved April 8, 2024.
  24. ^ "Senate Candidate Eric Hovde owns a 7 Million Dollar California Home". Milwaukee Journal Sentinel. Retrieved March 16, 2024.
  25. ^ "Canvass Results for 2012 Partisan Primary - 8/14/2012" (PDF). Wisconsin Government Accountability Board. Archived from the original (PDF) on October 29, 2013. Retrieved September 22, 2012.
  26. ^ "Eric Hovde". Orange County Business Journal. January 3, 2018. Retrieved March 16, 2024.
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