Hamer H. Budge

Hamer Harold Budge (November 21, 1910 – July 22, 2003) was an American attorney politician. He was a five-term congressman from Idaho and later chaired the Securities and Exchange Commission.

Early life and education Born in Pocatello, Idaho, Budge was the youngest of eight children of a Justice of the Idaho Supreme Court Alfred Budge and Ella Hoge Budge, and grandson of Idaho political figure William Budge. 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. He transferred to Stanford University 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 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.

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.

Personal life He died in 2003 at age 92 in Arizona.