State Treasurer Fiona Ma announces she will run for Lieutenant Governor of California in 2026

On March 5th, State Assemblymember Evan Low hosted Lunar New Year Fundraiser 2023 in San Jose.

State Treasurer Fiona Ma attended the event and announced she will run for the position of Lieutenant Governor of California in 2026.

Fiona Ma is California’s 34th State Treasurer. She was elected on November 6, 2018 with more votes than any other candidate for treasurer in the state’s history. She is the first woman of color and the first woman Certified Public Accountant (CPA) elected to the position.

Prior to being elected Treasurer, she was an elected member of the California Board of Equalization from 2014 – 2018 and worked to protect the rights of taxpayers while ensuring California collected its fair share of tax revenues. Her district covered 23 counties and included approximately 9.5 million people. Upon being selected Chairperson of the Board of Equalization in 2016, she ordered three external audits of the agency and helped lead the biggest reforms for accountability and efficiency in that agency’s history.

Treasurer Ma was a member of the State Assembly from 2006-2012, serving as Speaker pro Tempore from 2010 to 2012. She built a reputation as a problem-solving public servant, adept at building unlikely coalitions to overcome California’s most complex problems. Prior to serving as Speaker pro Tempore, she was Assembly Majority Whip and worked across the aisle during a state budget crisis to pass groundbreaking legislation that protected public education and the environment while also expanding access to health care.

As an Assembly Member, she authored 60 bills that were signed into law by two different governors – most were first-in-the-nation and required no taxpayer money. Her successful legislation to ban toxic chemicals in baby products, known as phthalates, became a model for federal legislation that was authored by U.S. Senator Dianne Feinstein in 2008. She chaired the Assembly Select Committee on Domestic Violence and spearheaded legislation that strengthened laws protecting victims of domestic violence, consumers and working families; prevented the spread of Hepatitis B; increased access to quality healthcare; and strengthened equal rights for all Californians.