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Mike Rounds

Mike Rounds

RepublicanU.S. Senator, SD
Age71 (b. 1954-10-24)
GenderMale
In office since2015-01-06 (~11 yrs)
Race / ethnicityWhite (German, Belgian, Swedish and English ancestry)
ReligionRoman Catholic (member of Sts. Peter and Paul Catholic Church, Pierre)
EducationBachelor of Science in Political Science, South Dakota State University (1977)
Prior occupationInsurance and real estate executive; partner in Fischer, Rounds & Associates, an insurance and real estate firm based in Pierre, SD
Military serviceNo
BirthplaceHuron, South Dakota
Marital statusWidowed — Jean Vedvei Rounds (married 1978; died November 2, 2021)
Children4
ResidencePierre, South Dakota
Notable relativesBrother Tim Rounds, former member of the South Dakota House of Representatives (District 24)

Pending research: languages · openly lgbtq.

Career & politics

First elected2014
Previous officesMember, South Dakota State Senate (District 24), 1991-2001 · South Dakota Senate Minority Whip (1993) · South Dakota Senate Majority Leader (1995-2000) · Governor of South Dakota (31st), 2003-2011
CommitteesSelect Committee on Intelligence · Committee on Armed Services · Committee on Banking, Housing, and Urban Affairs · Committee on Environment and Public Works · Committee on Veterans' Affairs
CaucusesSenate AI Caucus (co-chair) · Bipartisan Senate AI Working Group · Senate Taiwan Caucus · Congressional Motorcycle Caucus
LeadershipSouth Dakota Senate Majority Leader (1995-2000) · South Dakota Senate Minority Whip (1993) · Governor of South Dakota (2003-2011) · Co-chair, Senate AI Caucus
IdeologyConsistently conservative Republican voting record; GovTrack places him on the right of the ideological spectrum among senators
Signature legislationWomen's Health and Human Life Protection Act (H.B. 1215, signed as SD Governor 2006; later repealed by voters) · 2010 Research Centers Initiative establishing ten research centers at South Dakota universities (as Governor) · Co-sponsor, Israel Anti-Boycott Act (S. 720, 2018) · Bill to abolish the U.S. Department of Education (introduced 2024)

Financial

Net worth: disclosed $3,240,000–$12,195,000 (2023) · estimate

Roundtable Farm (Fort Pierre, SD)real_estate · $1,000,001–$5,000,000 · 2023
Oahe Federal Credit Union depositother · $250,001–$500,000 · 2023
FRA Farm (Pierre, SD)real_estate · $250,001–$500,000 · 2023
Aeronics, Inc. (equipment manufacturing)business_owned · $250,001–$500,000 · 2023
Vanguard Total Bond Market ETF (BND)fund · $250,001–$500,000 · 2023
Bird Dog Equity Partners funds (part owner of 10 Midwestern hotels)private_equity · $361,000–$815,000 · 2022

Scandals & crimes ledger

resolvedFEC Matter: Disgorgement of Illegal Straw-Donor Campaign Contributions (Cancer Treatment Centers of America)
campaign-finance · 2009-2014 · The FEC found that Cancer Treatment Centers of America Global, Inc. ran a scheme from 2009 to 2014 in which the company reimbursed executives via bonuses for making individual federal campaign contributions, resulting in prohibited corporate contributions and contributions made in the name of another (in violation of federal election law). Rounds for Senate was one of roughly 31 candidate committees that received such contributions; his campaign received $18,500 from CTCA-linked donors. As part of the FEC's conciliation agreement in MUR 7248 (which required CTCA and several executives to pay a $288,000 fine and required recipient committees to disgorge the tainted funds), the Rounds for Senate committee surrendered the $18,500 to the U.S. Treasury. Rounds' chief of staff said the campaign was unaware the contributions were illegal until notified by the FEC. · Rounds for Senate committee disgorged $18,500 in illegal contributions to the U.S. Treasury pursuant to the FEC conciliation agreement; no penalty was assessed against Rounds or his campaign, which were not accused of knowing wrongdoing.
Rounds' Senate campaign committee was required to disgorge $18,500 in illegal straw-donor campaign contributions it had unknowingly received from Cancer Treatment Centers of America executives between 2009 and 2014, as part of an FEC enforcement action (MUR 7248) against the company.