Treasurer Candidate Statements

  • As the state’s banker, manages the state’s investments, and administers the sale of state bonds and notes.
  • Serves on several commissions, most of which are related to the marketing of bonds.
  • Pays out state funds when spent by the Controller and other state agencies.

Greg Conlon

Greg Conlon | REPUBLICAN

California needs a Republican who can exercise prudent fiscal responsibility to fix the State’s vulnerable financial condition. The generous pensions granted public employees has caused irresponsible unfunded pension and health care liabilities of nearly $300 billion. California's Treasurer serves on both State Pension Plan Boards—CalPERS and CalSTRS. I will bring my experience "to get the job done" on these Boards by addressing the unfunded pension liabilities by working to start a new defined contribution plan for new employees. My 20-plus years of experience as a CPA with an international public accounting firm will bring the financial knowledge needed to prudently invest California's funds and improve the State’s low credit rating. I also will work to eliminate the $800 minimum State Franchise Income Tax to help start-up corporations. I have public-sector experience relevant to the State Treasurer's office. This includes running the California Public Utilities Commission as its President and serving on the California Transportation Commission. I also headed the Finance Committee of the Town of Atherton. I hold a bachelor’s degree in business at the University of Utah, Executive Business Training Program at the Haas School of Business at UC Berkeley and a J.D. degree from University of San Francisco. I served as an Air Force pilot. I have received numerous endorsements, including the California Republican Party and former U.S. Secretary of the Treasury George P. Shultz. I humbly ask for your vote and pledge to work every day, so our great State of California can become a stronger economy.

P.O. Box #2600
Menlo Park, CA 94026
Tel: (650) 315-4956

Fiona Ma


As a CPA with experience in tax law and in balancing budgets I am qualified to serve as State Treasurer from Day 1 and will be able to manage California's investments with full accountability and transparency. I have been a Certified Public Accountant (CPA) since 1992, and have a B.S. in Accounting, M.S. in Taxation and an MBA in Finance. I stand for checks & balances and public accountability. That's why I led the major overhaul to restore trust in the State Board of Equalization. I have balanced budgets at the local level, at the state level during the Great Recession, and have overseen the collection of $60 billion in state revenues. I will create a robust first-time homebuyer program to make housing more accessible to all Californians. I will work to alleviate high student loan debt. I was born with a preexisting health condition and personally understand the urgent need for quality, accessible and affordable healthcare. Because my husband is a firefighter I know first-hand the importance of investing in our first responders. As State Treasurer, I will oversee investments in affordable housing, infrastructure, schools, hospitals, environmental protection and transportation. I will continue to safeguard our tax dollars, invest wisely to ensure positive returns and make sure government works with accountability and transparency. I’m proud to have the support of U.S. Senator Kamala Harris, the California Teachers Association, California Professional Firefighters and California Small Business Association. I would be honored to have your vote. Thank you for your consideration.

2244 Ione Street
Sacramento, CA 95864
Tel: (415) 845-5450

The order of the statements was determined by randomized drawing. Statements on this page were supplied by the candidates and have not been checked for accuracy. Each statement was voluntarily submitted and paid for by the candidate. Candidates who did not submit statements could otherwise be qualified to appear on the ballot.