California Lieutenant Governor winner?
$20.5K
NOV 7, 2026
General Election
Voters choose the office holder.
Overview
Current roleTreasurer
PartyDemocratic
Political ideologyProgressive Democrat
Age60 years old (Mar 4, 1966)
GenderFemale
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LocationCalifornia
BackgroundPolitician
EducationRochester Institute of Technology (B.S., Accounting)
Notable personal detailsFiona Ma is an American politician and certified public accountant who has served as California’s 34th State Treasurer since January 7, 2019, after being elected in 2018 and re-elected in 2022. She previously served on the California State Board of Equalization (2015–2019), the California State Assembly (2006–2012), and the San Francisco Board of Supervisors (2002–2006). She holds degrees from Rochester Institute of Technology, Golden Gate University, and Pepperdine University, and has been a CPA since 1992.
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Positions
Economy & Taxes
Fiona Ma supports tax incentives and credits to promote housing, manufacturing, and economic development and seeks to collect unpaid taxes from underground economic activity. She has publicly opposed a wealth tax and increases in the top state income-tax rate (including opposition to Proposition 30). Her record emphasizes targeted tax incentives and fiscal management rather than broad tax hikes on high earners.
Immigration & Border
Supports immigrant families and rejects policies of fear, intimidation, and family separation; expresses solidarity with California’s immigrant communities and emphasizes opportunity and dignity for immigrant families. Positions focus on protecting immigrant families and opposing aggressive enforcement tactics in the state context.
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Abortion & Reproductive Rights
Supports abortion rights and has backed efforts to protect and codify reproductive freedom in California while opposing restrictive bans. Has received endorsements from pro–abortion-rights organizations and participated in state activities that funded and supported reproductive health providers.
Climate & Energy
Supports large-scale clean energy investment and financing programs to decarbonize buildings and accelerate adoption of electric appliances, heat pumps, solar plus storage, and EV chargers; chairs state clean-energy financing authorities and promotes green bonds and energy-efficiency loan programs. Endorses California targets for 100% clean electricity by 2045 and expands state financing to support equitable building decarbonization and clean-technology manufacturing.
Public Safety & Guns
Fiona Ma has supported state firearm safety legislation that restricts sale of guns that can be easily converted into automatic weapons and has recorded official support for recent California gun-safety bills. Her public positions indicate support for targeted firearm restrictions and regulatory measures while serving as state treasurer and in official bill positions.
News
Fiona Ma is in the news because she is facing scrutiny over her ties to Pegasus California School after a county audit flagged the school for possible fraud and other illegal practices. The reports say she visited the school in 2023 and appeared in its marketing, while Ma says she paid for the trip herself and did not know about any investigations at the time. The audit did not accuse Ma of wrongdoing, but the issue has drawn attention as she continues her campaign for lieutenant governor. Separately, recent coverage of the race has highlighted her housing, education and economic plans.
Fiona Ma v. Josh Fryday v. Michael Tubbs v. Gloria Romero. We ask. They answer.
California Treasurer Fiona Ma Tied to Embattled Chinese School
California Treasurer Fiona Ma tied to Chinese school cited in scathing audit
Endorsements
Endorsers of Fiona Ma for California Lieutenant Governor winner?
Professional Engineers in California Government
Elected official
Professional Engineers in California Government endorsed Fiona Ma for lieutenant governor.
National Union of Healthcare Workers
Elected official
National Union of Healthcare Workers endorsed Fiona Ma for lieutenant governor.
New updates coming soon
We're monitoring and will update when new data impacts the race.
- Polls
- Fundraising