Which candidates did Steven Hovde's money end up backing or attacking in 2024?

against Tammy Baldwin (Wisconsin Senate, about $1.2M, lost); against Tammy Baldwin (Wisconsin Senate, about $666K, lost); for Eric Hovde (Wisconsin Senate, about $99K, won). Amounts are the donor's share of each group's spending.

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Donor

Steven Hovde

Individual

Chairman and CEO, Hovde Group · Illinois

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

Backed losers

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 with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 5% were on the winning side ($99K won, $1.8M lost). $0 had no matched result and is excluded.

$2.0M

Gave to outside spenders

100% of it helped Republicans

Winning share of scored dollars

$1.9M scored (96% of gifts)

$1.8M

Spent on the losing side

$84K

Not allocated or result unknown

$84K not allocated to tracked outside spending; $0 has no matched result. Neither is cash on hand.

Where the checks went

A person writing checks 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 check 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

Group	Gave	How the group spent it	Won / lost
Fix Washington PAC $84K not allocated to tracked outside spending	$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.

Candidate	Race	Spending	Their share	Paid off?
Tammy Baldwin	Wisconsin Senate	Attacking	$1.2M	✗ No
Tammy Baldwin	Wisconsin Senate (primary)	Attacking	$666K	✗ No
Eric Hovde	Wisconsin 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 with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 5% were on the winning side ($99K won, $1.8M lost). $0 had no matched result and is excluded.
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 $1.2M, lost); against Tammy Baldwin (Wisconsin Senate, about $666K, lost); for Eric Hovde (Wisconsin Senate, about $99K, won). Amounts are the donor's share of each group's spending.