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Donor

Steven Hovde

Individual

Chairman and CEO, Hovde Group · Illinois

2 gifts to 1 group, as reported to the FEC by the groups that received them.

Loser

Steven Hovde gave $2.0M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Republicans (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 5% ended up on the winning side ($99K won, $1.8M lost).

Gave to outside spenders

$2.0M

100% of it helped Republicans

Ended up on the winning side

5%

$99K of the dollars in races already called

Spent on the losing side

$1.8M

Not spent yet

$81K

Sitting with groups that have not spent

Where the cheques went

A person writing cheques from their own fortune. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M cheque to a group that spent 80% on losers counts as $8M on the losing side.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
GroupGaveHow the group spent itWon / lost
Fix Washington PAC

$81K not spent yet

$2.0M
$99K / $1.8M

The trail

What the money bought

The candidates Steven Hovde's money was spent for or against, pro-rated by Steven Hovde's share of each group's funding.
CandidateRaceSpendingTheir sharePaid off?
Tammy BaldwinWisconsin Senate (primary)Attacking$1.8M✗ No
Eric HovdeWisconsin Senate (primary)Supporting$99K✓ Yes

Individual as classified from the FEC entity type and public reporting.

Questions people ask

How much did Steven Hovde spend on the 2024 elections, and did it win?
Steven Hovde gave $2.0M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Republicans (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 5% ended up on the winning side ($99K won, $1.8M lost).
Which super PACs did Steven Hovde fund in 2024?
Fix Washington PAC ($2.0M).
Which candidates did Steven Hovde's money end up backing or attacking in 2024?
against Tammy Baldwin (Wisconsin Senate, about $1.8M, lost); for Eric Hovde (Wisconsin Senate, about $99K, won). Amounts are the donor's share of each group's spending.