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Bill Lockyer
John Chiang is best choice for California treasurer
John Chiang is best choice for California treasurer

John Chiang was the best candidate for state treasurer in the June primary, and he's the best candidate now. A lawyer and a Democrat who is termed out of his job as state controller after eight years, Chiang has the experience and the political and financial know-how to succeed Bill Lockyer as a tough-minded state treasurer. While the controller functions as a kind of chief accountant and paymaster for the state — managing cash flow and paying bills — the treasurer is more of a financial counselor for California and promoter of the state's fiscal health to Wall Street. The treasurer also issues wonky but important pronouncements on the state's debt load and...

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