{"id":12489,"date":"2024-09-02T05:03:27","date_gmt":"2024-09-02T05:03:27","guid":{"rendered":"https:\/\/wifamily.news\/?p=12489"},"modified":"2024-09-02T06:00:11","modified_gmt":"2024-09-02T06:00:11","slug":"financial-controversies-surround-both-u-s-senate-candidates-in-wisconsin","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=12489","title":{"rendered":"Financial Controversies Surround Both U.S. Senate Candidates in Wisconsin"},"content":{"rendered":"

This post originally appeared at https:\/\/wisconsindailystar.com\/politics\/financial-controversies-surround-both-u-s-senate-candidates-in-wisconsin\/tcsquare\/2024\/09\/02\/<\/a><\/p>\n

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by Th\u00e9r\u00e8se Boudreaux<\/h5>\n

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Both U.S. Senate candidates from Wisconsin accuse each other of lacking fiscal transparency, and each deny harboring conflicts of interest. But recent investigations show incumbent Democrat Sen. Tammy Baldwin and Republican challenger Eric Hovde are equally opaque about certain financial circumstances.<\/p>\n

Hovde is the CEO of California-based Sunwest Bank, and a July\u00a0report<\/a>\u00a0by WCPT820 Radio shows the company received foreign government deposits totaling nearly $250,000 in December 2023.<\/p>\n

While there is no evidence that this money is connected to Hovde\u2019s political campaign, the Wisconsin Democratic Party\u00a0continues to emphasize<\/a>\u00a0how the deposits coincide with Hovde\u2019s confirmation as a Senate candidate.<\/p>\n

\u201cEric Hovde is a multi-millionaire California bank owner who has insulted our seniors, our farmers, our moms, and just about everyone else in our great state,\u201d Baldwin said in a statement post-primaries. \u201cWhile he runs to put the wealthy and well-connected like himself first, I will always stand up for the working people of Wisconsin.\u201d<\/p>\n

But Baldwin has also failed to disclose or answer questions about her own financial assets.<\/p>\n

A recent\u00a0investigation<\/a>\u00a0reported by the New York Post<\/em> revealed Baldwin co-owns a $1.3 million Washington, D.C. penthouse condo with her partner, Wall Street private wealth management adviser Maria Brisbane, yet did not include any of their jointly owned assets on her financial-disclosure reports.<\/p>\n

This also raised concerns about conflict of interest, since Baldwin serves on the Senate Appropriations Committee, making budget decisions related to health and biotechnology industries, which her partner often invests in.<\/p>\n

\u201cTammy\u2019s multi-million dollar DC condo was paid for by her partner\u2019s work advising \u2018ultra-high net worth\u2019 NY billionaires on how to minimize their taxes,\u201d Hovde posted on social media. \u201cAnd we still don\u2019t know how many of those clients have cashed in by investing in companies Tammy regulates.\u201d<\/p>\n

The candidates have agreed to a televised debate Oct. 18 in Madison, played host to by WMTV-TV and aired by The Wisconsin Broadcasters Association.<\/p>\n

\u00a0\u2013 \u2013 \u2013<\/p>\n

Th\u00e9r\u00e8se Boudreaux is a contributor at The Center Square<\/a>.
\nPhoto \u201cSen. Tammy Baldwin\u201d is by Sen. Tammy Baldwin<\/a> and \u201cEric Hovde\u201d is by Eric Hovde<\/a>.<\/em><\/p>\n

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The post Financial Controversies Surround Both U.S. Senate Candidates in Wisconsin<\/a> appeared first on The Wisconsin Daily Star<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

This post originally appeared at https:\/\/wisconsindailystar.com\/politics\/financial-controversies-surround-both-u-s-senate-candidates-in-wisconsin\/tcsquare\/2024\/09\/02\/ by Th\u00e9r\u00e8se Boudreaux \u00a0 Both U.S. Senate candidates from…<\/p>\n","protected":false},"author":15,"featured_media":3495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-12489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wi-daily-star"],"_links":{"self":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/12489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12489"}],"version-history":[{"count":1,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/12489\/revisions"}],"predecessor-version":[{"id":12490,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/12489\/revisions\/12490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/media\/3495"}],"wp:attachment":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}