Republican U.S. Senate candidate Eric Hovde has out-fundraised incumbent Sen. Tammy Baldwin in the race, but the majority of Hovde’s funding came from himself.
Hovde raised $9.1 million in the first quarter of 2024, more than the $5.4 million Baldwin raised in the same time. However, $8 million of the funds came from a loan Hovde took out to fund his campaign effort. “In just a little more than a month, grassroots Wisconsinites have sent a strong message that they are excited about Eric Hovde and are ready to retire 40-year career politician Sen. Baldwin,” Ben Voelkel, Hovde’s campaign adviser, told the. He also noted that donations came from more than 2,200 unique Wisconsinites over the course of five weeks.
Baldwin has been representing Wisconsin in the U.S. Senate since 2013 and previously represented Wisconsin’s 2nd Congressional District in the House from 1999-2013. Wisconsin is one ofHovde previously ran for Senate in 2012, but did not advance after the primary. Then, he loaned his campaign $5.9 million.
“California bank owner Eric Hovde is spending his own California money trying to buy Wisconsin’s Senate seat.
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