Orange County Supervisor Andrew Do declares candidacy for state treasurer

Orange County Supervisor Andrew Do on Wednesday announced his candidacy for state treasurer, pledging to “reforming our state’s investment and financing structures while managing our assets with an eye on protecting working families and those most in need.”

The state treasurer is the state’s lead asset manager, banker and financier and serves as chair or member of numerous state authorities, boards and commissions.

The treasurer’s office manages the state’s Pooled Money Investment Account, which invests monies on behalf of state government and local jurisdictions to help them manage their fiscal affairs.

Democrat Fiona Ma, the current state treasurer, is seeking a second term. She has served in the role since January 2019.

Do is seeking to be the first Republican elected to statewide office in California since 2006 when Arnold Schwarzenegger was reelected governor and Steve Poizner was elected insurance commissioner.

Do is also seeking to become the first Vietnamese American to be elected to statewide office in California. He and his family fled South Vietnam in 1975 during the fall of Saigon.

Do was a deputy district attorney with the Orange County district attorney’s office, with his last assignment prosecuting sexually violent predators as a member of the office’s Sexual Assault Unit.

Do was also a Garden Grove councilman before being elected to the Board of Supervisors. The district he represents on the board includes Huntington Beach, Fountain Valley, Seal Beach, Los Alamitos, La Palma, Cypress, Garden Grove, Westminster, Midway City and Rossmoor.

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