Hamer H. Budge
|16th Chairman of the United States Securities and Exchange Commission|
February 22, 1969 – January 2, 1971
|Preceded by||Manuel F. Cohen|
|Succeeded by||William J. Casey|
|Member of the U.S. House of Representatives from Idaho's 2nd district|
January 3, 1951 – January 3, 1961
|Preceded by||John Sanborn|
|Succeeded by||Ralph Harding|
Hamer Harold Budge
November 21, 1910
|Died||July 22, 2003 (aged 92)|
|Resting place||Cloverdale Cemetery|
|Spouse(s)||Marjorie Jeanne Keithly|
(m.1941–2003, his death)
|Alma mater||Stanford University, 1933|
University of Idaho
College of Law, J.D. 1936
|Years of service||1942–1945|
|Battles/wars||World War II|
Early life and familyEdit
Born in Pocatello, Idaho, Budge was the youngest of eight children of a Justice of the Idaho Supreme Court, Alfred Budge (1868–1951) and Ella Hoge Budge (1875–1970, m.1892). His father was appointed to the Idaho Supreme Court in November 1914, and the family relocated from Pocatello to Boise. Justice Budge retired from the state's highest court 34 years later in December 1948, at age 80.
Hamer Budge attended the public schools in Boise and the College of Idaho in Caldwell. He transferred to Stanford University in Palo Alto, California, and graduated in 1933, then attended the University of Idaho College of Law in Moscow. Budge graduated in 1936, passed the bar, and went into private practice in Boise. He was a member of the state legislature from 1939 through 1941 and in 1949 and served in the U.S. Navy during World War II, from 1942 through 1945, leaving as a lieutenant commander.
When Republican Congressman John Sanborn chose to pursue the U.S. Senate seat rather than a third term in 1950, it left the 2nd district seat open. Both nominees were from Boise, and Budge defeated Democratic state senator James Hawley in the 1950 election to become the first Mormon to represent Idaho in either house of Congress. He served in the House for ten years; an attempt at a sixth term came up short in 1960, with a loss to 31-year-old Democrat Ralph Harding of Blackfoot.
|1950||James H. Hawley, Jr.||50,225||42.9%||Hamer Budge||66,966||57.1%|
|1952||W.H. "Pete" Jensen||52,692||33.8%||Hamer Budge (inc.)||103,047||66.2%|
|1954||William P. Whitaker||52,681||39.2%||Hamer Budge (inc.)||81,824||60.8%|
|1956||J.W. Reynolds||60,552||40.0%||Hamer Budge (inc.)||90,738||60.0%|
|1958||Tim Brennan||64,214||45.0%||Hamer Budge (inc.)||78,553||55.0%|
|1960||Ralph Harding||90,161||51.2%||Hamer Budge (inc.)||86,100||48.8%|
When his fifth congressional term ended in 1961, Budge became a judge in the Third Judicial District of Idaho in Boise. In 1964, he was appointed to the U.S. Securities and Exchange Commission (SEC) by President Lyndon B. Johnson; he was chairman of the SEC in the Nixon administration from 1969 until he resigned on January 2, 1971.
Budge then served as the president of a mutual funds group in Minneapolis until he retired in 1978. He died in 2003 at age 92 in Arizona and was buried in Idaho at Cloverdale Cemetery in west Boise. His wife and parents are also buried there.
This article incorporates public domain material from the Biographical Directory of the United States Congress website http://bioguide.congress.gov.
- "Hamer Harold Budge". San Diego Union-Tribune. New York Times news service. August 5, 2003. Retrieved March 3, 2013.
- "Marjorie Jeanne Kiethly Budge". Find a Grave. Retrieved March 3, 2013.
- French, Hiram Taylor (1914). History of Idaho: A Narrative Account of Its Historical Progress ..., Volume 2. Google Books. p. 715.
- "Alfred Budge (1868–1951)". Find a Grave. Retrieved March 3, 2013.
- "Ella Hoge Budge (1875–1970)". Find a Grave. Retrieved March 3, 2013.
- "Veteran idaho jurist is dead". Spokane Daily Chronicle. Associated Press. January 25, 1951. p. 5.
- "Office of the Clerk: Election statistics". U.S. House of Representatives. Retrieved March 9, 2013.
- "SEC boss 'The Judge'". Deseret News. (Salt Lake City, Utah). Associated Press. March 10, 1969. p. 4C.
- Shanahan, Eileen (November 14, 1970). "Budge will Leave S.E.C. when Congress adjourns". New York Times. p. 1.
- Hamer Harold Budge (1910 - 2003) - Find A Grave Memorial
- The Political Graveyard: Index to Politicians: Buckrop to Buel
- United States Congress. "Hamer H. Budge (id: B001035)". Biographical Directory of the United States Congress.
- SEC Historical.org – Chairman Budge
- Budge's resignation letter to President Nixon – November 1970
- Political Graveyard – Hamer H, Budge
- Hamer H. Budge at Find a Grave
Manuel F. Cohen
| Securities and Exchange Commission Chair
William J. Casey