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Yvonne Yiu
Yvonne Yiu (Democratic Party) ran for election to the California State Senate to represent District 25. She lost in the primary on March 5, 2024.
Biography
Yvonne Yiu was born in Hong Kong. She earned a bachelor's degree in economics from the University of California, Los Angeles, in 1993, an MBA in finance from Loyola Marymount University in 1995, and a degree from the University of Pennsylvania, Wharton School, in 2012. Her career experience includes working in the business and finance sector and as a television news anchor.[1] Yiu was elected as a city councilor of Monterey Park, California, in March 2020.[2][3]
Elections
2024
See also: California State Senate elections, 2024
General election
General election for California State Senate District 25
Sasha Renée Pérez defeated Elizabeth Wong Ahlers in the general election for California State Senate District 25 on November 5, 2024.
Candidate | % | Votes | ||
| ✔ | Sasha Renée Pérez (D) ![]() | 59.6 | 243,371 | |
| Elizabeth Wong Ahlers (R) | 40.4 | 164,757 | ||
| Total votes: 408,128 | ||||
= 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 State Senate District 25
Elizabeth Wong Ahlers and Sasha Renée Pérez defeated Yvonne Yiu, Sandra Armenta, and Teddy Choi in the primary for California State Senate District 25 on March 5, 2024.
Candidate | % | Votes | ||
| ✔ | Elizabeth Wong Ahlers (R) | 35.7 | 73,002 | |
| ✔ | Sasha Renée Pérez (D) ![]() | 32.9 | 67,266 | |
| Yvonne Yiu (D) | 17.5 | 35,693 | ||
| Sandra Armenta (D) | 9.5 | 19,486 | ||
| Teddy Choi (D) | 4.3 | 8,881 | ||
| Total votes: 204,328 | ||||
= 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. | ||||
Withdrawn or disqualified candidates
- John Harabedian (D)
Campaign finance
Endorsements
Ballotpedia did not identify endorsements for Yiu in this election.
2022
See also: California Controller election, 2022
General election
General election for California Controller
Malia Cohen defeated Lanhee Chen in the general election for California Controller on November 8, 2022.
Candidate | % | Votes | ||
| ✔ | Malia Cohen (D) ![]() | 55.3 | 5,936,856 | |
Lanhee Chen (R) ![]() | 44.7 | 4,789,345 | ||
| Total votes: 10,726,201 | ||||
= 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 Controller
The following candidates ran in the primary for California Controller on June 7, 2022.
Candidate | % | Votes | ||
| ✔ | Lanhee Chen (R) ![]() | 37.2 | 2,533,305 | |
| ✔ | Malia Cohen (D) ![]() | 22.7 | 1,542,397 | |
Yvonne Yiu (D) ![]() | 15.1 | 1,024,707 | ||
| Steve Glazer (D) | 11.1 | 756,518 | ||
Ron Galperin (D) ![]() | 10.1 | 690,484 | ||
Laura Wells (G) ![]() | 3.8 | 258,053 | ||
| Total votes: 6,805,464 | ||||
= 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. | ||||
Campaign finance
Endorsements
To view Yiu's endorsements in the 2022 election, please click here.
Campaign themes
2024
Ballotpedia survey responses
See also: Ballotpedia's Candidate Connection
Yvonne Yiu did not complete Ballotpedia's 2024 Candidate Connection survey.
2022
Yvonne Yiu completed Ballotpedia's Candidate Connection survey in 2022. The survey questions appear in bold and are followed by Yiu's responses. Candidates are asked three required questions for this survey, but they may answer additional optional questions as well.
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I earned my BA degree in Economics from UCLA and my MBA in Finance from Loyola Marymount University. I completed the Certified Regulatory and Compliance Professional Program through the Wharton School at the University of Pennsylvania and holds 12 FINRA Securities Licenses as well serving as a FINRA Arbitrator.
Following the death of my father, my family immigrated to the United States from Hong Kong when I was 16 years old. I’ve has never forgotten the difficulties my mother faced trying to raise three daughters on her own.
As State Controller, I will safeguard California’s finances, ensure that we root out government waste, and work to make the American dream accessible to everyone.
- I recognize the importance of transparency and accountability when it comes to public monies. At my investment firm, I performed internal audits and prepared large audits annually for the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and the State of California. As Controller, I will be aggressive about utilizing the Controller’s auditing authority to root out waste and save taxpayers money. I will also ensure accountability and transparency in government and the state’s finances through improved technology and online communication.
- I will use innovative technologies and utilize social media to get our economy back on track following the pandemic as we work to close the economic gap between the rich and poor. I will help ensure our schools have the resources to reopen safely and that small businesses have the support they need while providing job training and opportunity for those who have been out of work. I will also develop programs to help people achieve economic security and close the economic gap.
- I want to create an Office of Financial Empowerment, with the specific mission of teaching people financial literacy, especially for young people, immigrants, and people like my mom, on how to manage a household budget, save for education and ensure a secure retirement future. Our youth need to be prepared to make good decisions, so they are not saddled with student loan debts. I also want Californians to know about programs like CalSavers, which gives workers whose employers don’t offer retirement plans the ability to save for retirement without having to pay excessive fees. I’m passionate about ensuring every family has the tools and resources they need to make good financial decisions.
That’s why I want to create an Office of Financial Empowerment with the specific mission of teaching people financial literacy, especially for young people, immigrants & people like my mom how to manage a household budget, save for education & ensure a secure retirement future. Our youth need to be prepared to make good decisions, so they are not saddled with student loan debt. I also want Californians to know about programs like CalSavers which gives workers whose employers don’t offer retirement plans the ability to save for retirement without having to pay excessive fees. I'm passionate about ensuring every family has the tools & resources they need to make good financial decisions.
I also want to be aggressive about utilizing the Controller’s auditing authority to root out waste & save taxpayers money. As Monterey Park Mayor I used my understanding of municipal bonds to refinance a pension bond & ultimately saved the city $55 million.
In addition, the State Controller serves on 70 boards and commissions including CalPERS and CalSTRS, the nation’s two largest public pension plans, the State Lands Commission, California Education Facilities Authority and State Public Works Board.
First and foremost, we must ensure California remains in good fiscal health. While this obviously means maintaining a balanced budget, it also means ensuring that as we come out of the pandemic, we are maintaining a sharp focus on/towards investing in the communities that need it most. California’s greatest asset is our people, and we cannot afford to leave potential untapped in communities that have been left behind.
I believe that investing in and speaking out about the importance of financial literacy, we can ensure all Californians can build for their own futures, save for an education, and ensure retirement security for themselves and their families.
Through the Controller’s participation in the State Lands Commission, there is real opportunity to set the standard for environmental stewardship in the 21st century. The impacts of climate change are already threatening our state. Droughts have become more frequent and more severe than ever before. As Controller, I will ensure conservation, sustainability and climate resilience are at the forefront of every consideration that comes before the Commission.
In my short time as Mayor of Monterey Park, I’ve saved taxpayers $55 million by refinancing our city’s pension bond and used technology to develop innovative strategies to help our local economy thrive. I love numbers, I love budgets and I love audits. I look forward to the opportunity to take the skills I have honed and help our state save money and be efficient.
Note: Ballotpedia reserves the right to edit Candidate Connection survey responses. Any edits made by Ballotpedia will be clearly marked with [brackets] for the public. If the candidate disagrees with an edit, he or she may request the full removal of the survey response from Ballotpedia.org. Ballotpedia does not edit or correct typographical errors unless the candidate's campaign requests it.
Campaign finance summary
Note: The finance data shown here comes from the disclosures required of candidates and parties. Depending on the election or state, this may represent only a portion of all the funds spent on their behalf. Satellite spending groups may or may not have expended funds related to the candidate or politician on whose page you are reading this disclaimer. Campaign finance data from elections may be incomplete. For elections to federal offices, complete data can be found at the FEC website. Click here for more on federal campaign finance law and here for more on state campaign finance law.
See also
2024 Elections
External links
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Candidate California State Senate District 25 |
Personal |
Footnotes
- ↑ Yvonne Yiu for State Controller, "Meet Yvonne Yiu," accessed November 10, 2021
- ↑ City of Monterey Park, "Yvonne Yiu," accessed November 10, 2021
- ↑ Information submitted to Ballotpedia through the Candidate Connection survey on May 27, 2022

