Current:Home > StocksFormer state Controller Betty Yee announces campaign for California governor -Profound Wealth Insights
Former state Controller Betty Yee announces campaign for California governor
View
Date:2025-04-18 06:05:13
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! (5)
Related
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Inter Miami's MLS playoff failure sets stage for Messi's last act, Alexi Lalas says
- Justice Department says jail conditions in Georgia’s Fulton County violate detainee rights
- Skiing legend Lindsey Vonn ends retirement, plans to return to competition
- See you latte: Starbucks plans to cut 30% of its menu
- Democrat Janelle Bynum flips Oregon’s 5th District, will be state’s first Black member of Congress
- High-scoring night in NBA: Giannis Antetokounmpo explodes for 59, Victor Wembanyama for 50
- Jamie Lee Curtis and Don Lemon quit X, formerly Twitter: 'Time for me to leave'
- Current, future North Carolina governor’s challenge of power
- Diamond Sports Group can emerge out of bankruptcy after having reorganization plan approved
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Falling scaffolding plank narrowly misses pedestrians at Boston’s South Station
- Historian Doris Kearns Goodwin to kick off fundraising effort for Ohio women’s suffrage monument
- King Charles III celebrates 76th birthday amid cancer battle, opens food hubs
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Study finds Wisconsin voters approved a record number of school referenda
- Suicides in the US military increased in 2023, continuing a long-term trend
- Only 8 monkeys remain free after more than a week outside a South Carolina compound
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
It's Red Cup Day at Starbucks: Here's how to get your holiday cup and cash in on deals
Kentucky governor says investigators will determine what caused deadly Louisville factory explosion
Tennessee suspect in dozens of rapes is convicted of producing images of child sex abuse
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Diamond Sports Group can emerge out of bankruptcy after having reorganization plan approved
'Red One' review: Dwayne Johnson, Chris Evans embark on a joyless search for Santa
'Dangerous and unsanitary' conditions at Georgia jail violate Constitution, feds say