FILE - Sen. Tammy Baldwin, D-Wis., speaks before President Joe Biden at the Earth Rider Brewery, Thursday, Jan. 25, 2024, in Superior, Wis. Multimillionaire Republican businessman Eric Hovde is planning to launch a bid for U.S. Senate against Baldwin next week. Hovde campaign spokesperson Ben Voelkel said Thursday, Feb. 15, that Hovde, 59, will get into the race next week after months of preparation. (AP Photo/Alex Brandon, File)
Eric Hovde, a Republican businessman and real estate mogul, greets well-wishers after announcing he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul launched, announces he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul, arrives to announce he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul, announces he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul launched, announces he is for running U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul, announces he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul launched, announces he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul launched, announces he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)
Eric Hovde, a Republican businessman and real estate mogul, announces he is running for U.S. Senate against Wisconsin Democratic incumbent Sen. Tammy Baldwin, Tuesday, Feb. 20, 2024, in Madison, Wis. Hovde previously ran for Senate in 2012 but finished a close second to former Wisconsin Republican Gov. Tommy Thompson in the primary. (Mark Hoffman/Milwaukee Journal-Sentinel via AP)