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California Treasurer election, 2022
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| California Treasurer |
|---|
 |
| Election details |
| Filing deadline: March 11, 2022 |
| Primary: June 7, 2022 General: November 8, 2022 Pre-election incumbent(s): Fiona Ma (Democratic) |
| How to vote |
| Poll times: 7 a.m. to 8 p.m. Voting in California |
| Ballotpedia analysis |
| Federal and state primary competitiveness State executive elections in 2022 Impact of term limits in 2022 State government trifectas State government triplexes Ballotpedia's Election Analysis Hub, 2022 |
| California executive elections |
| Governor Lieutenant Governor |
Incumbent Fiona Ma (D) and Jack Guerrero (R) ran for California treasurer on November 8, 2022. The treasurer of California acts as the chief investment officer, banker, and financier of the state government and is responsible for managing the state's pooled money investment account. The treasurer also sits on the boards of the state's employee pension funds—the California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS). The treasurer's office finances various public work and investment programs throughout the state and oversees the California ScholarShare Investment Board (SIB), which provides tax-advantaged college savings plans.
In the top-two primary on June 7, 2022, Ma received 58% of the vote and Guerrero received 22%. Republican Andrew Do (R) received 17%.
Ma was first elected in 2018, when she defeated Greg Conlon (R) 64% to 36%. Guerrero ran in the 2018 treasurer election, placing third in the top-two primary.
Ma and Guerrero are both certified public accountants. Ma served on the California State Board of Equalization, in the California State Assembly, and on the San Francisco Board of Supervisors.[1] Guerrero was mayor of Cudahy, California, and served on the city council as of October 2022. Guerrero was also an investment banker and vice president of a bank.[2]
The candidates provided statements in California's Official Voter Information Guide. Excerpts are below.[3]
Ma said:
| “ |
During my first term, we refinanced state bonds to save taxpayers more than $5 billion over the next 20 years. Legislators from both parties have praised our oversight of COVID-19 funds, which prevented hundreds of millions of dollars in potential fraud and abuse. Last year we processed $3.2 trillion in banking transactions and oversaw a record budget surplus of $85 billion that went to create new jobs by funding innovative projects. We approved more affordable housing units than ever in our state’s history and increased our first-time homebuyer program for families and veterans. We helped more Californians save for college/apprenticeship programs and retirement.[4] |
” |
Guerrero said:
| “ |
California’s financial crisis is the consequence of severe mismanagement and poor leadership by reckless politicians. They do not care about California’s horrible credit rating, unfunded pension liabilities in excess of $1 trillion, record-high interest payments, and fake budget “surpluses.” Instead, they impose excessive taxes, crippling fees, and government-fueled inflation. ... In my early career, I audited federal agencies and municipalities as government accounting expert to quickly and efficiently detect financial mismanagement! As Mayor of my hometown city (Los Angeles County), I balanced the budget, reduced taxes, held public schools accountable, and worked with the California Controller to expose millions of dollars in wasteful and unlawful spending.[4] |
” |
The Los Angeles Times' Jonah Valdez wrote, "No challenger has defeated an elected incumbent state treasurer since 1958. Guerrero would be the first Republican treasurer since Matt Fong was elected to the office in 1995. No Republican has been elected to a statewide office since 2006."[5]
Candidates and election results
See also: California Treasurer election, 2022
General election
General election for California Treasurer
Incumbent Fiona Ma defeated Jack Guerrero in the general election for California Treasurer on November 8, 2022.
Candidate | % | Votes | ||
| ✔ |  | Fiona Ma (D) | 58.8 | 6,287,076 |
 | Jack Guerrero (R) | 41.2 | 4,405,781 | |
| Total votes: 10,692,857 | |||
 = candidate completed the Ballotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
Nonpartisan primary election
Nonpartisan primary for California Treasurer
Incumbent Fiona Ma and Jack Guerrero defeated Andrew Do and Meghann Adams in the primary for California Treasurer on June 7, 2022.
Candidate | % | Votes | ||
| ✔ | | Fiona Ma (D) | 57.4 | 3,903,967 |
| ✔ | | Jack Guerrero (R) | 21.9 | 1,489,533 |
| Andrew Do (R) | 17.0 | 1,157,620 | ||
| Meghann Adams (Peace and Freedom Party) | 3.6 | 245,369 | ||
| Total votes: 6,796,489 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
Voting information
- See also: Voting in California
Ballotpedia's Candidate Connection survey responses
Ballotpedia asks all federal, state, and local candidates to complete a survey and share what motivates them on political and personal levels. Candidates are asked three required questions for this survey, but they may answer additional optional questions as well.
No candidate in this race completed Ballotpedia's Candidate Connection survey.
Campaign finance
General election
Primary election
General election
Past elections
2018
- See also: California Treasurer election, 2018
General election
General election for California Treasurer
Fiona Ma defeated Greg Conlon in the general election for California Treasurer on November 6, 2018.
Candidate | % | Votes | ||
| ✔ | | Fiona Ma (D) | 64.1 | 7,825,587 |
 | Greg Conlon (R) | 35.9 | 4,376,816 | |
| Total votes: 12,202,403 (100.00% precincts reporting) | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
Nonpartisan primary election
Nonpartisan primary for California Treasurer
Fiona Ma and Greg Conlon defeated Jack Guerrero, Vivek Viswanathan, and Kevin Akin in the primary for California Treasurer on June 5, 2018.
Candidate | % | Votes | ||
| ✔ | | Fiona Ma (D) | 44.5 | 2,900,606 |
| ✔ | | Greg Conlon (R) | 20.8 | 1,357,635 |
| Jack Guerrero (R) | 19.3 | 1,257,315 | |
 | Vivek Viswanathan (D) | 13.0 | 848,026 | |
 | Kevin Akin (Peace and Freedom Party) | 2.3 | 148,282 | |
| Total votes: 6,511,864 | |||
| = candidate completed the Ballotpedia Candidate Connection survey. | ||||
| If you are a candidate and would like to tell readers and voters more about why they should vote for you, complete the Ballotpedia Candidate Connection Survey. | ||||
Do you want a spreadsheet of this type of data? Contact our sales team. | ||||
2014
| Treasurer of California, 2014 | ||||
|---|---|---|---|---|
| Party | Candidate | Vote % | Votes | |
| Democratic |  John Chiang |
58.8% | 4,176,793 | |
| Republican | Greg Conlon | 41.2% | 2,925,895 | |
| Total Votes | 7,102,688 | |||
| Election results via California Secretary of State | ||||
See also
| California | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ Fiona Ma's 2022 campaign website, "About Fiona," accessed October 20, 2022
- ↑ Jack Guerrero's 2022 campaign website, "About," accessed October 20, 2022
- ↑ California Secretary of State, "Official Voter Information Guide," accessed October 20, 2022
- ↑ 4.0 4.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Los Angeles Times, "Your guide to the California treasurer election: Jack Guerrero vs. Fiona Ma," October 12, 2022
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