Elect Fiona Ma, CPA
California
Lieutenant Governor

Proven
Principled
Problem Solver

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Fiona Ma, CPA is California’s 34th State Treasurer.

She was first elected on November 6, 2018 with more votes than any other candidate for treasurer in the state’s history and re-elected to her second term in 2022. She is the first woman of color and the first woman Certified Public Accountant (CPA) elected to the position.

California is the world’s fourth-largest economy and Treasurer Ma is the state’s primary banker. Her office processes more than $3 trillion in payments within a typical year and provides transparency and oversight for an investment portfolio of more than $124 billion, approximately $34.8 billion of which are local government funds. She also is responsible for $93 billion in outstanding general obligation and lease revenue bonds of the state.

Endorsements

“The most important qualification for serving as Lieutenant Governor is to be ready to step in, if necessary, to serve as Governor. There is no one running for this office who is more qualified for the job than State Treasurer Fiona Ma. Fiona is a CPA who has held four different elected positions. She deeply understands California’s budget, and she will prioritize supporting small businesses, attracting high quality jobs, and lowering costs for Californians. Fiona’s background will also make her an excellent addition to the State Lands Commission and the UC, CSU, and CA Community College boards. I look forward to our continued collaboration in service of California.”

Eleni Kounalakis

Lieutenant Governor

"Fiona Ma is a long-time champion of economic development and job creation, a skill our state needs more than ever. I am proud to endorse her to be California’s next lieutenant governor so she can continue our progress as the fourth largest economy in the world."

Dr. Shirley N. Weber

Secretary of State

"Fiona Ma has been a trusted partner in delivering for working families across California. Fiona understands the needs of working people and backs it up with action. Her leadership and commitment to justice have made a real difference, and I’m proud to stand with her in the fight for a more equitable California.."

Senator María Elena Durazo

Senate District 26

"I proudly endorse Fiona Ma for Lieutenant Governor along with over 30 of my colleagues. Fiona has three decades of Public Service making her a dedicated leader for families workers and small businesses."

Assemblymember Mark Gonzalez

Majority Whip

"As a champion for equity and justice, Fiona has been a steadfast ally in the fight for a more inclusive California,. Her leadership is exactly what we need to continue making progress, and I stand with her in this race."

Assemblymember Dr. Corey Jackson

Democrat - Riverside

"I've seen the powerful difference that strong, community-focused leadership can make. Fiona Ma's vision reflects our shared goals of enhancing public safety, expanding healthcare access, and supporting families.”

Assemblymember Dr. Jasmeet Bains

Democrat - Bakersfield

“The 250,000 Teamsters who power California’s economy are proud to endorse Fiona Ma for Lieutenant Governor. Fiona has always stood shoulder to shoulder with working people. She knows that the rush to put automated trucks on our roads without safeguards threatens both public safety and thousands of good union jobs. She has been clear that protecting drivers, protecting families, and protecting the future of our workforce must come first. That’s the kind of leadership California needs, and that’s why the Teamsters are standing with her.”

International Brotherhood of Teamsters

"LIUNA proudly endorses Fiona Ma for Lieutenant Governor. She doesn’t just talk she delivers. As State Treasurer, Fiona secured billions for infrastructure, built affordable housing, and expanded clean energy projects that created good union jobs. Fiona Ma gets results for workers and communities."

Laborers' International Union of North America

"The University Professional and Technical Employees, CWA Local 9119 (UPTE), are proud to stand with Fiona Ma, who has consistently shown up for working people. From supporting our members on the picket lines to championing fair wages and public education, she’s proven she understands and values the work we do every day to deliver for California’s students, educators, patients, researchers, and communities."