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Hamer Harold Budge (November 21, 1910 – July 22, 2003) was an American attorney politician. He was a five-term
congressman A Member of Congress (MOC) is a person who has been appointed or elected and inducted into an official body called a congress, typically to represent a particular constituency in a legislature. The term member of parliament (MP) is an equivalen ...
from Idaho and later chaired the
Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...
.


Early life and education

Born in
Pocatello, Idaho Pocatello () is the county seat of and largest city in Bannock County, with a small portion on the Fort Hall Indian Reservation in neighboring Power County, in the southeastern part of the U.S. state of Idaho. It is the principal city of the ...
, 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 public schools in Boise and the College of Idaho in
Caldwell Caldwell may refer to: People * Caldwell (surname) * Caldwell (given name) * Caldwell First Nation, a federally recognized Indian band in southern Ontario, Canada Places Great Britain * Caldwell, Derbyshire, a hamlet * Caldwell, East ...
. He transferred to
Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
in Palo Alto, California, and graduated in 1933, then attended the University of Idaho College of Law in Moscow.


Career

After graduating from law school in 1936, went into private practice in Boise. He was a member of the
state legislature A state legislature is a legislative branch or body of a political subdivision in a federal system. Two federations literally use the term "state legislature": * The legislative branches of each of the fifty state governments of the United Sta ...
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.


U.S. House of Representatives

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 Democrat, Democrats, or Democratic may refer to: Politics *A proponent of democracy, or democratic government; a form of government involving rule by the people. *A member of a Democratic Party: **Democratic Party (United States) (D) **Democratic ...
state senator James Hawley in the
1950 Events January * January 1 – The International Police Association (IPA) – the largest police organization in the world – is formed. * January 5 – 1950 Sverdlovsk plane crash, Sverdlovsk plane crash: ''Aeroflot'' Lisunov Li-2 cr ...
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 It is also known as the "Year of Africa" because of major events—particularly the independence of seventeen African nations—that focused global attention on the continent and intensified feelings of Pan-Africanism. Events January * Ja ...
, with a loss to 31-year-old Democrat
Ralph Harding Ralph R. Harding (September 9, 1929 – October 26, 2006) was a former congressman from eastern Idaho; he served two terms as a Democrat from 1961 to 1965. Early life Born in Malad City, Idaho, Harding served as a missionary for the Church of J ...
of
Blackfoot The Blackfoot Confederacy, ''Niitsitapi'' or ''Siksikaitsitapi'' (ᖹᐟᒧᐧᒣᑯ, meaning "the people" or " Blackfoot-speaking real people"), is a historic collective name for linguistically related groups that make up the Blackfoot or Bla ...
. Budge voted against the
Civil Rights Act of 1957 The Civil Rights Act of 1957 was the first federal civil rights legislation passed by the United States Congress since the Civil Rights Act of 1875. The bill was passed by the 85th United States Congress and signed into law by President Dwigh ...
and
1960 It is also known as the "Year of Africa" because of major events—particularly the independence of seventeen African nations—that focused global attention on the continent and intensified feelings of Pan-Africanism. Events January * Ja ...
.


Securities and Exchange Commission

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 was a member of the Elks,
Eagles Eagle is the common name for many large birds of prey of the family Accipitridae. Eagles belong to several groups of genera, some of which are closely related. Most of the 68 species of eagle are from Eurasia and Africa. Outside this area, just ...
, American Bar Association, and Sigma Alpha Epsilon


Personal life

He died in 2003 at age 92 in Arizona and was buried in Idaho at Cloverdale Cemetery in west Boise.Hamer Harold Budge (1910 - 2003) - Find A Grave Memorial
/ref> His wife and parents are also buried there.


References


External links


SEC Historical.org
– Chairman Budge
Budge's resignation letter to President Nixon
– November 1970

– Hamer H, Budge * {{DEFAULTSORT:Budge, Hamer H. 1910 births 2003 deaths Stanford University alumni University of Idaho alumni Members of the U.S. Securities and Exchange Commission Idaho state court judges Republican Party members of the Idaho House of Representatives People from Pocatello, Idaho Politicians from Scottsdale, Arizona Republican Party members of the United States House of Representatives from Idaho 20th-century American politicians 20th-century American judges University of Idaho College of Law alumni Nixon administration personnel