Hoopes and Friedman were selected to serve as the party's presidential and vice-presidential nominees during the 1956 presidential election. However, the sixty delegates to the Socialist Party of America's national convention to not spend large amounts of money or effort on campaigning for president and would instead seek write-in votes for Hoopes and Friedman. In the general election he placed tenth after receiving 2,128 votes. Hoopes' 1956 presidential campaign was the last conducted by the Socialist Party of America before its dissolution in the 1970s.