Tammy Baldwin's partner's Wall Street job raises conflict of interest questions for her.

Sen. Tammy Baldwin, D-Wis., has faced criticism for her long-standing relationship with a private wealth adviser who shares her home, but since they are not married, she does not have to reveal her partner's financial information according to Senate rules.

A spokesperson for Republican Senate candidate Eric Hovde stated that Sen. Baldwin's partner, Maria Brisbane, advises the uber wealthy on industries regulated by Baldwin, creating a massive conflict of interest that merits further investigation. The spokesperson urged Baldwin to immediately disclose her partner's assets and client list, emphasizing the importance of transparency for the people of Wisconsin.

Baldwin has been dating Brisbane, a private wealth adviser with the Brisbane Group, since 2018.

According to Morgan Stanley's code of conduct, confidential information includes client identities, trading activities and securities holdings, acquisition, divestiture, and tender offer plans, regulatory supervision, and personally identifiable information related to clients and employees.

The Fix Washington PAC, which supports Hovde in the competitive Wisconsin Senate race, recently released an ad about Brisbane and Baldwin, their shared home and Brisbane's client list.

"Tammy Baldwin, who owns multimillion-dollar homes in New York and D.C., is accused of failing to report her jointly owned assets and her clients' financial gains from industries she regulates, raising ethical concerns."

While Baldwin does not reveal Brisbane's assets or client list in her financial disclosures, she is not obligated to do so under current rules.

She responded to the ad with a counter-ad titled, "Total fabrication."

"This ad is a complete lie," it stated. "Tammy Baldwin has never shared inside information with her partner and she is leading the fight to ban senators from purchasing any individual stocks."

Andrew Mamo, a spokesperson for the Baldwin campaign, stated to Planet Chronicle Digital that Eric Hovde's attack on Tammy Baldwin's dating life is sad and desperate. Mamo emphasized that Baldwin works for the people of Wisconsin and that no matter how low Hovde goes, voters will remember the conflict of interest presented by his ownership of a $3 billion California bank that receives deposits from unnamed foreign banks and governments.

Her campaign highlighted other senators, including Sens. Tim Scott and Cory Booker, who did not disclose their partner's assets while in dating relationships.

The accusation by Hovde and his campaign that Baldwin's partner has a conflict of interest due to their unmarried status and previous role as a biotechnology mutual fund manager, is supported by a 2017 progress report from the Cancer Research & Treatment Fund (CR&T).

Brisbane's firm previously listed her as managing custom-tailored equity portfolios that emphasize large-growth stocks, with an aim to enhance performance through small biotechnology and technology companies.

Due to client confidentiality, their identities and interests remain unknown.

Hovde expressed concern that Baldwin serves as chairwoman of the Labor, Health and Human Services, Education, and Related Agencies subcommittee of the Appropriations Committee.

"Tammy regulates the biotech industry," an ad from his campaign said last week. "Maria advises clients in the biotech industry. If they were married, they would have to disclose their financial conflicts. But they aren't married, so they can share inside information to get rich. It's time to investigate Sen. Tammy Baldwin. She's in bed with Wall Street."

Despite not being married, Baldwin and Brisbane own a condominium in Washington, D.C., together and have both their names on the deed. According to Baldwin's campaign, they split the cost of the property, with Brisbane paying for hers in cash and Baldwin taking out a mortgage on his half.

The campaign also said Baldwin and Brisbane do not share bank accounts.

In a recent poll conducted by Marquette University Law School, Baldwin received 51% of the vote compared to Hovde's 45% among registered voters in Wisconsin.

The Cook Political Report, a top political handicapper, classified the election as a slight advantage for Baldwin, labeling it "lean Democrat," along with other competitive Senate races.