Treasurer
As the state’s chief banker, the treasurer manages and invests unspent taxpayer money and oversees the state’s borrowing and debts. Though much of the work is technical, the official can make policy waves by launching new financial initiatives or influencing where the state invests its extra cash.
Candidates
Jennifer Hawks
Hawks doesn’t have experience in elected office, a fact she touts proudly. The Silicon Valley retiree most recently served on the executive team at Sacred Heart Schools, an Atherton Catholic school favored by the Bay Area’s venture capitalist elite. Hawks is also a local Republican Party activist. Both her career background and her politics make her an outlier for a job that has been exclusively held by Democratic career politicians going on three decades. Hawks said that gives her the skills and independence to provide a check on state government.
Eleni Kounalakis
With two terms as lieutenant governor under her belt, Kounalakis has plenty of experience on state boards — a big feature of the treasurer post. On both the UC Board of Regents and the Board of Trustees for the California State University system, she has regularly voted against proposed tuition increases. Kounalakis comes to politics by way of fundraising. The daughter of Sacramento developer Angelo Tsakopolous, Kounalakis was a big spender in Democratic Party politics in the early 2000s and was named ambassador to Hungary under President Barack Obama.
Endorsements
Jennifer Hawks
Eleni Kounalakis
- California Labor Federation
- Teamsters California
- National Union of Healthcare Workers
Campaign finance
Candidate committees
Candidates raise money to run for office through their campaign committees. The committees must identify large donors who give $100 or more. In the tables below, we exclude small donors whose contributions total less than $100 and any transfers from a candidate’s previous campaign committee for a different race. Contribution limits vary by office and type of donor.
- Large donors
- Small donors
- Self-funding
- Difference to opponent
Jennifer Hawks
Eleni Kounalakis
Outside spending
Separate from candidate committees, outside groups can pay for ads, mailers and other efforts to influence voters. They can’t coordinate that spending with candidate committees. There is no limit on how much they can spend.
- Support
- Oppose
- Difference to opponent
Jennifer Hawks
