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Businessman Eric Hovde Outraises Sen. Tammy Baldwin as Senate Race Tightens

After two months in the race, Businessman Eric Hovde highlights Baldwin's electoral vulnerabilities this cycle.

by TrueNorthNews
April 17, 2024
in National News, News
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Businessman Eric Hovde Outraises Sen. Tammy Baldwin as Senate Race Tightens

After entering the race for U.S. Senate in Wisconsin just two months ago, Republican challenger Eric Hovde has incumbent Sen. Tammy Baldwin (D-WI) on the ropes, having outraised the Democrat as well as being tied in a new poll out today. 

With the release of campaign finance reports on Monday, Hovde’s campaign reported just over $9 million in receipts since he entered the race on February 20, while two-term Democratic incumbent Baldwin raised just over $5.4 million in the entire first quarter of the year. On the heels of these disconcerting campaign finance numbers, a Marquette University Law School Poll was released today showing Hovde and Baldwin tied at 50% each among likely voters. 

Since entering the race for U.S. Senate, Hovde raised over $1 million from individual contributors and loaned his campaign $8 million. Hovde, a bank owner and multi-millionaire, was heavily recruited by the National Republican Senatorial Committee, the GOP’s Senate campaign arm, to run for the seat partially due to his ability to self-fund his campaign. Since her last re-election in 2018, Sen. Tammy Baldwin has raised over $26 million, with $10.25 million remaining on hand, as of March 31. Hovde ended his first quarter in the race with $5.3 million cash on hand. 

Today’s release of the Marquette University Law School Poll is the second such poll featuring Hovde as a named candidate in the race for U.S. Senate. In this poll, conducted at the beginning of the month, among likely voters both Sen. Baldwin and Hovde received 50% support. In the support metric among overall registered voters, 52% support Sen. Tammy Baldwin, with 47% backing Hovde. 

The last Marquette Law poll, taken at the end of January, prior to Hovde launching his campaign, only asked favorability questions about the businessman with 7% of voters having a favorable view, 9% having an unfavorable view, and 82% not knowing enough about him. Hovde’s favorable view among voters in just two months has increased to 19%, with 56% still not having heard enough about him yet. This is in comparison to incumbent Sen. Tammy Baldwin whose impression among voters in this poll sat at 47% favorable, 42% unfavorable, with 11% not knowing enough about her.

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