Tammy Baldwin: “Eric Hovde spent 24 years running a hedge fund in Washington…”

“Well, let me tell you what I know about him. He was born and raised in Wisconsin, but left the state to pursue a career after he graduated from College and Eric Hovde spent 24 years running a hedge fund in Washington D.C. and then more recently he has been based in California running a bank, the $3 billion bank that he owns called Sunwest bank. And he owns a $7 million home in Laguna Beach, California.” (21:43–21:55)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.