{"id":9544,"date":"2024-03-15T19:17:33","date_gmt":"2024-03-15T20:17:33","guid":{"rendered":"https:\/\/wifamily.news\/?p=9544"},"modified":"2024-03-15T21:00:31","modified_gmt":"2024-03-15T21:00:31","slug":"eric-hovde-promises-no-pac-money-no-salary-in-latest-u-s-senate-ad","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=9544","title":{"rendered":"Eric Hovde Promises No PAC Money, No Salary in latest U.S. Senate Ad"},"content":{"rendered":"

This post originally appeared at https:\/\/www.wisconsinrightnow.com\/hovde-promises-no-pac-money-no-salary-in-latest-u-s-senate-ad\/<\/a><\/p>\n

\"Barb<\/p>\n

(The Center Square) \u2013 Money is becoming an issue in Wisconsin\u2019s race for the U.S. Senate.<\/p>\n

Republican Eric Hovde is launching a new ad today where he promises not to accept money from political action committees and promises to not take a Senate salary if elected.<\/p>\n

\u201cWashington has become corrupt career politicians sell themselves to special interest and end up working for them and not you I’ve worked hard been fortunate I don’t need their special interest money and I won’t take it if you decide to like me is your next senator I’ll donate my entire salary to Wisconsin charity every year,\u201d Hovde said in the new 30 second ad.<\/p>\n

Hovde\u2019s campaign is making it clear that Hovde\u2019s own charity, The Hovde Foundation, will not get any of those salary donations.<\/p>\n

Hovde\u2019s new ad comes as Democrats in Wisconsin are blasting him as a millionaire and continue to hammer that he owns a home in California.<\/p>\n

\u201cSenate candidate Eric Hovde *said* he supported Dem proposals to put a minimum global tax on corporations, [but] *did* invest tens of millions of $$ in insurance companies HQ\u2019d in Bermuda to avoid US taxes,\u201d Wisconsin Democratic chair Ben Wikler said on social media Thursday.<\/p>\n

A report in Politico noted Hovde\u2019s asset management firm, Hovde Capital, reported non-controlling investments in up to $74 million in Bermuda-based insurance companies between 2003 and 2013.<\/p>\n

Non-controlling investments mean essentially a minority ownership stake and mean Hovde would not have had a vote or any say on corporate decisions in those companies.<\/p>\n

Hovde has promised he will self-fund most of his campaign but has been clear he will accept donations from Wisconsin voters.<\/p>\n

Democrats in Wisconsin have also tried to make that an issue, saying Hovde will likely have to spend $20 million of his own money in the contest.<\/p>\n

Hovde\u2019s campaign is not saying how much money they are putting behind the new ad or where in Wisconsin it will run.<\/p>\n","protected":false},"excerpt":{"rendered":"

This post originally appeared at https:\/\/www.wisconsinrightnow.com\/hovde-promises-no-pac-money-no-salary-in-latest-u-s-senate-ad\/ (The Center Square) \u2013 Money is becoming an issue…<\/p>\n","protected":false},"author":70,"featured_media":9546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-9544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wi-right-now"],"_links":{"self":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/9544","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\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9544"}],"version-history":[{"count":2,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/9544\/revisions"}],"predecessor-version":[{"id":9547,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/9544\/revisions\/9547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/media\/9546"}],"wp:attachment":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}