State Treasurer New Mexico in Statewide, New Mexico

2026 Primary Election

• Laura M Montoya — Incumbent State Treasurer in Rio Rancho, NM

  Laura M. Montoya, a Democrat, is New Mexico’s first elected female and the nation's first Latina State Treasurer, sworn in January 2023. She previously served two terms as Sandoval County Treasurer, becoming one of the state's youngest elected officials. Her career spans over two decades in federal, state, tribal, and county governments, including work for U.S. Senator Jeff Bingaman. Born and raised in Las Vegas, NM, she holds master's and bachelor's degrees. She advocates for financial literacy as a graduation requirement, Baby Bonds, and NM STABLE Accounts, aiming to empower communities, bridge the wealth divide, and build an inclusive economy for all New Mexicans.

• James F Ellison — Candidate for State Treasurer in NM

  James Ellison, a Republican, is a write-in candidate for New Mexico State Treasurer in 2026. Not a career politician, he champions responsible financial stewardship, investment transparency, and accountability for the state's $20 billion in funds. Ellison grew up in Georgia, holds two master's degrees from MIT, and is a Chartered Financial Analyst (CFA). His background includes managing large budgets for companies and serving as a former New Mexico Public Regulation Commissioner until late 2024. He emphasizes his expertise in investment management and complex organizational leadership as qualifications for the role.