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Fiona Ma

State Treasurer

Office

Office
State Treasurer

Source

Last verified Oct 5, 2026.

Official source ↗

Record

State Treasurer, elected statewide. ThePillory tracks the President's and the Governor's executive orders and bill actions; other executive offices have no separate record here yet.

No platform recorded yet

This tab shows Fiona Ma's platform in two parts. In their own words: a short excerpt, word for word, from their own Issues or Priorities page, with a link to the whole page, and statements their office submits, labeled as such. Commitments tracked: specific, checkable promises (signing a named bill, funding a program at a stated amount, finishing a project by a date), each quoted with its date and source and checked by a person, with a status that changes only with evidence.

How the platform is recorded

No votes are recorded for this office. ThePillory records votes in Congress and the California Legislature.

Money raised and spent by the campaign committees Fiona Ma controls in 2025–2026, as reported to the California Secretary of State. These are facts about money; they don't explain any vote or action in office.

Totals

  • Raised
    12 statements, Summary Page line 5
    $3,377,700
  • Spent
    Summary Page line 11
    $6,191,813
  • From individuals (itemized)
    1,501 contributions of $100 or more, net of refunds
    $1,772,123 52%

Sums of each statement's own figures for its period. Contributions under $100 aren't itemized, so they're in "Raised" but not in the lists below.

Top contributing industries (approximate)

  • Labor unions
    $315,050
  • Finance, insurance and banking
    $240,561
  • Construction and engineering
    $172,370
  • Health care
    $152,040
  • Real estate
    $132,466
  • Issue and advocacy groups
    $94,650
  • Lawyers and lobbyists
    $90,850
  • Technology and telecommunications
    $56,629

Approximate. Industries are assigned by keywords in organizations' names and in the employers individual donors named; 50% of these itemized dollars matched an industry, and the rest are left unclassified rather than guessed.

How industries are assigned

Top employers of individual donors

  • LA DOWNTOWN MEDICAL CENTER
    8 donors · Health care
    $33,700
  • IHD LABS
    3 donors · Not classified
    $29,400
  • WUT
    23 donors · Not classified
    $22,650
  • BEACH FRONT PROPERTY MANAGEMENT
    4 donors · Real estate
    $20,000
  • TSI ENGINEERING INC
    4 donors · Construction and engineering
    $19,420
  • SHIPBOTS
    3 donors · Not classified
    $16,000
  • MEBO INTERNATIONAL GROUP
    3 donors · Not classified
    $15,000
  • AFFIRMED HOUSING
    3 donors · Real estate
    $14,800
  • PARRIS LAW FIRM
    3 donors · Lawyers and lobbyists
    $14,800
  • ALPHAX RE CAPITAL
    3 donors · Finance, insurance and banking
    $13,000

The employers individual donors named, summed; an employer is listed only when 3 or more people named it. $189,770 came from people who listed no employer (retired, not employed or self-employed). Individual donors are never named on ThePillory, at any amount.

Committees, parties and organizations

  • Northern CA District Council of Laborers PAC SCC
    2 contributions · small contributor committee · Labor unions
    $39,200
  • United Domestic Workers of America Action Fund-SCC
    3 contributions · small contributor committee · Labor unions
    $29,600
  • Southern CA Pipe Trades District Council #16
    3 contributions · small contributor committee · Issue and advocacy groups
    $28,700
  • Operating Engineers 3 Statewide PAC SCC
    2 contributions · small contributor committee · Labor unions
    $19,700
  • Black Eagle INC
    2 contributions · organization · Not classified
    $19,600
  • Corn Next Holdings, Inc.
    2 contributions · organization · Not classified
    $19,600
  • GLCC Pharm
    2 contributions · organization · Not classified
    $19,600
  • ISEGSTAR LLC(Calia Lin)
    4 contributions · organization · Not classified
    $19,600
  • Southern California District Council of Laborers PAC SCC
    1 contribution · small contributor committee · Labor unions
    $19,600
  • State Building & Construction Trades Council of CA PAC
    2 contributions · small contributor committee · Construction and engineering
    $19,600

Contributions itemized on Schedule A from political committees, parties, businesses and other organizations, by the name reported. Transfers between Fiona Ma's own committees aren't counted.

Independent expenditures for and against

Spent to support: $110,019

  • GOLDEN STATE LEADERSHIP FUND PAC
    race: Lieutenant Governor · 2 reports · May 20, 2026 to May 21, 2026
    $58,923
  • Asian Americans for Representation
    race: Lieutenant Governor · 4 reports · Mar 27, 2026 to May 27, 2026
    $38,795
  • San Diego Labor Coalition, Sponsored by Laborers' International Union of North America Local 89
    race: Lieutenant Governor · 2 reports · May 26, 2026 to May 27, 2026
    $6,710
  • United Domestic Workers of America Independent Expenditure PAC
    race: Lieutenant Governor · 2 reports · Apr 30, 2026 to May 19, 2026
    $2,794
  • GrowSF Voter Guide
    race: Lieutenant Governor · 1 report · Sep 30, 2026 to Oct 3, 2026
    $2,647
  • DEMOCRATIC PARTY OF ORANGE COUNTY
    race: Lieutenant Governor · 1 report · Sep 25, 2026
    $150

Spent to oppose: $752,819

  • TAXPAYERS AGAINST SEXUAL HARASSMENT BY GOVERNMENT OFFICIALS - NO ON FIONA MA FOR LIEUTENANT GOVERNOR 2026
    race: Lieutenant Governor · 2 reports · May 24, 2026 to May 28, 2026
    $752,819

Spending on ads and outreach about Fiona Ma by committees that don't coordinate with the campaign; this money isn't given to the campaign. From Form 496 reports, which are filed for independent expenditures of $1,000 or more made in the 90 days before an election; spending outside that window isn't included. Each spender links to its committee record, where its own donors are listed.

Campaign committees and statements (4)

The committees Fiona Ma controls, and each campaign statement (Form 460) with its own totals for its period. A committee can be for another office or a future race, or an officeholder account; each is listed under its own name.

FIONA MA LEGAL DEFENSE FUND

  • Jul 1, 2024 to Dec 31, 2024
    Spent $-35,639 · cash at end $0 Statement ↗
    $0 received
  • Jan 1, 2024 to Jun 30, 2024
    Spent $53,147 · cash at end $14,361 Statement ↗
    $53,000 received
  • Jul 1, 2023 to Dec 31, 2023
    Spent $53,161 · cash at end $16,592 Statement ↗
    $13,000 received
  • Jan 1, 2023 to Jun 30, 2023
    Spent $9,631 · cash at end $5,576 Statement ↗
    $10,000 received
Committee record ↗

Fiona Ma State Treasurer Officeholder Account Committee 2022

  • Jul 1, 2026 to Sep 19, 2026
    Spent $1,134 · cash at end $3,025 Statement ↗
    $0 received
  • May 17, 2026 to Jun 30, 2026
    Spent $281 · cash at end $4,159 Statement ↗
    $0 received
  • Apr 19, 2026 to May 16, 2026
    Spent $424 · cash at end $4,721 Statement ↗
    $0 received
  • Jan 1, 2026 to Apr 18, 2026
    Spent $910 · cash at end $5,599 Statement ↗
    $0 received
Committee record ↗

Fiona Ma for Lieutenant Governor 2026

  • Jul 1, 2026 to Sep 19, 2026
    Spent $458,777 · cash at end $1,521,280 Statement ↗
    $271,840 received
  • May 17, 2026 to Jun 30, 2026
    Spent $981,982 · cash at end $1,627,219 Statement ↗
    $349,836 received
  • Apr 19, 2026 to May 16, 2026
    Spent $2,470,636 · cash at end $2,317,201 Statement ↗
    $146,925 received
  • Jan 1, 2026 to Apr 18, 2026
    Spent $758,551 · cash at end $4,674,432 Statement ↗
    $547,434 received
Committee record ↗

Re-Elect Fiona Ma for State Treasurer 2022

  • Jul 1, 2023 to Sep 25, 2023
    Spent $5,753 · cash at end $0 Statement ↗
    $0 received
  • Jan 1, 2023 to Jun 30, 2023
    Spent $2,780,475 · cash at end $10,122 Statement ↗
    $0 received
Committee record ↗

From the Cal-Access export of Mon, 05 Oct 2026 08:54:52 GMT. California replaces Cal-Access with a new disclosure system after the November 2026 election.

Methodology

Disclosures

Statements of economic interests (Form 700)

California officials file a Statement of Economic Interests (Form 700) each year: their investments, real property, income and gifts. Statewide officers and members of the Legislature file theirs with the Fair Political Practices Commission (FPPC), which publishes them.

Source: FPPC Form 700 search ↗, searched Oct 5, 2026. How

Issues

No reports yet. Reporting opens when accounts launch.

How it works