Current:Home > FinanceFormer state Controller Betty Yee announces campaign for California governor -MoneyMentor
Former state Controller Betty Yee announces campaign for California governor
View
Date:2025-04-12 14:47:07
SACRAMENTO, Calif. (AP) — California’s former Controller Betty Yee announced Wednesday she will run for governor in 2026, vying to succeed outgoing Gov. Gavin Newsom against other major Democratic contenders in what will be the first open race for the state’s top office since 2018.
If elected, Yee would be the first woman to become California’s governor. She is a San Francisco native born to Chinese immigrant parents.
Yee, who currently serves as vice chair of the California Democratic Party, says she wants to tackle affordability, bring transparency to Sacramento and address the climate crisis.
“Things in California just don’t add up anymore. Families are working harder than ever, but the cost of housing, food, college, childcare, elder care, and more is moving out of our reach,” Yee said in a statement. “Together we have the grit and the power to make California add up for all of us again.”
The race to replace Newsom, who terms out in 2027, will be a Democratic free-for-all sure to attract the party’s top talent for the chance to lead the nation’s most populous state and the world’s fifth largest economy.
Yee will have to compete in an extremely diverse pool of candidates for a post that has mostly been held by white men. Lt. Gov. Eleni Kounalakis, Superintendent of Public Instruction Tony Thurmond, who is Black, and outgoing state Senate leader Toni Atkins, a lesbian lawmaker, have all announced their candidacies. Attorney General Rob Bonta, who is Filipino, has said he is seriously considering a run.
Yee served as the budget director for Democratic Gov. Gray Davis. She was then elected as a member of the California State Board of Equalization and then as state controller. California controller is responsible for disbursing state funds, auditing government agencies and serving on more than 70 boards and commissions.
veryGood! (98433)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Meet Jason Arday, Cambridge University's youngest ever Black professor, who didn't speak until he was 11.
- We recap the Succession finale
- In 'Kiss Me in the Coral Lounge,' Helen Ellis' home life takes center stage
- The Daily Money: Spending more on holiday travel?
- 'Succession' season 4, episode 9: 'Church and State'
- Isle of Paradise, Peter Thomas Roth, MAC Cosmetics, It Cosmetics, and More Beauty Deals From Top Brands
- Pain and pleasure do the tango in the engrossing new novel 'Kairos'
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Tom Holland Reacts to Zendaya's Euphoric Red Carpet Return at NAACP Image Awards
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Every superhero has an origin story. So does every superhero's superfan. Here's mine.
- Shop the Best New February 2023 Beauty Launches From Tower 28, KS&CO, Glossier & More
- Are children a marginalized group?
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Jenna Ortega's Edgy All-Black 2023 SAG Awards Red Carpet Look Deserves Two Snaps
- Formula 1's new fandom; plus, Christian Horner is always on the offense
- How Grown-ish's Amelie Zilber Is Making Her Own Rules On TikTok
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Soldiers in Myanmar rape, behead and kill 17 people in rampage, residents say
Sally Field Reminds Every School Why They Need a Drama Department at 2023 SAG Awards
Bipartisan group of senators unveil bill targeting TikTok, other foreign tech companies
What do we know about the mysterious drones reported flying over New Jersey?
The 47 Most Popular Amazon Items E! Readers Bought This Month
Soldiers in Myanmar rape, behead and kill 17 people in rampage, residents say
TikToker Taylor Frankie Paul Arrested on Domestic Violence Charges