Fiona Ma for Treasurer

The state treasurer will inherit some tricky challenges. Poor investment policies have left communities on the hook for a larger chunk of the state pension system, for one. A banking system for cannabis-related tax income must be improvised. The treasurer also helps steer committees involved in affordable housing and infrastructure projects. Fiona Ma has shown a commitment to transparency, fiscal responsibility and the general welfare of California residents that makes her suited to manage the state’s capital and debt. As a member of the state’s Board of Equalization, she demanded audits targeting mismanagement and championed reforms that led to legislative action. We expect her to continue in that vein as treasurer.