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Fiona Ma

Democratic Party

California State Treasurer

San Francisco, CA

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What is Fiona Ma running for?

Race
Lieutenant Governor of California

Fiona Ma is the 34th State Treasurer of California, assuming office in 2019. She previously served as a member of the California State Board of Equalization from 2015 to 2019, the California State Assembly representing the 12th District from 2006 to 2012, and the San Francisco Board of Supervisors from 2002 to 2006. A Certified Public Accountant, Ma earned a bachelor's degree from the Rochester Institute of Technology, a master's degree from Golden Gate University, and an MBA from Pepperdine University.

Where does Fiona Ma stand on the issues?

Fiona Ma has a recorded position on four issues. Each is Civoren's summary of the campaign's own public material, with the source linked.

  • Affordable Housing

    Supports

    Campaigns on expanding affordable housing and first-time-homebuyer assistance: touts financing a record number of affordable housing units as State Treasurer and expanded down-payment assistance, and blames government red tape for delaying housing construction while costs rise.

    “Housing, groceries, gas, insurance, healthcare continue to rise, while government red tape delays housing and discourages investment. ... As State Treasurer, I financed a record number of affordable housing units, expanded down-payment assistance for first-time homebuyers...”

    vig.cdn.sos.ca.govAs of August 2026

  • Economic Development & Growth

    Supports

    Frames her campaign around keeping California an 'economic powerhouse' while improving affordability: cites CPA credentials (B.S.-Accounting, M.S.-Taxation, MBA-Finance), says owning a small business and obtaining permits are far too difficult, and touts attracting investments that created good-paying jobs.

    “I have the financial knowledge and experience to keep California an economic powerhouse while building a more affordable future. ... Owning a small business and obtaining permits are far too difficult.”

    vig.cdn.sos.ca.govAs of August 2026

  • Government Transparency & Accountability

    Supports

    Emphasizes government accountability, transparency, fixing broken systems, and cutting waste across the four public offices to which voters elected her; slogan '58 Counties. 1 California. Stronger Together.'

    “Voters elected me to four public offices where I focus on accountability, transparency, fixing broken systems, cutting waste, and delivering results.”

    vig.cdn.sos.ca.govAs of August 2026

  • Higher Education Affordability

    Supports

    Pledges to make higher education more affordable as Lieutenant Governor, expand paid internships, and strengthen career pathways; cites building programs that help families save for college and reduce student debt.

    “As Lieutenant Governor, I will make higher education more affordable, expand paid internships, and strengthen career pathways. ... I built programs that help families save for college and reduce student debt.”

    vig.cdn.sos.ca.govAs of August 2026

Education

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Endorsements for Fiona Ma

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Support for Fiona Ma · 9/15/2026

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Past Elections

Past Campaign

Lieutenant Governor of California

Primary election

Statewide, CaliforniaEnded 6/2/2026

Past campaign details are available on the full race page.

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Contact

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Others Running in This Election

View All Candidates Running for Lieutenant Governor of CaliforniaView full race