Yvonne Yiu Announces Campaign for California State Treasurer
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MONTEREY PARK, Calif. - Californer -- Yvonne Yiu, former Mayor of Monterey Park, successful business leader, and daughter of Hong Kong immigrants, has officially announced her candidacy for California State Treasurer. With decades of financial leadership in both the public and private sectors, Yiu pledges to bring transparency, fiscal discipline, and opportunity to the Treasurer's Office.

"I came to the U.S. as a teen and saw firsthand how hard work and financial education can open doors," said Yiu. "Now I'm running for State Treasurer to safeguard taxpayer dollars, strengthen our economy, and empower California families."

Yiu holds a B.A. in Economics from UCLA and an MBA in Finance from Loyola Marymount University. She also earned the CRCP designation from the Wharton School at the University of Pennsylvania and holds 10 FINRA securities licenses. Prior to her public service, she managed over $1 billion in assets and launched her own broker-dealer before the age of 40. Her financial career includes leadership roles at Citibank, Charles Schwab, E*Trade, and Merrill Lynch.

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As Mayor of Monterey Park, Yiu:
  • Underwrote a $110 million pension obligation bond at a historic 2.66% interest rate—saving the city $55 million while securing public pensions.
  • Balanced the city's budget, improved public safety, and promoted economic development.

As a candidate for State Treasurer, Yiu will prioritize:
  • Financial stewardship of public funds through expert management, strategic investment, and tech-enabled decision-making.
  • Transparency and accountability across all levels of state government.
  • Expanding economic opportunity for working families, immigrants, and communities of color.

Endorsements
  • Yvonne Yiu's campaign is backed by a growing coalition of elected leaders, including:
  • Anthony Rendon, Former Speaker, California State Assembly
  • Mike Eng, Board Member, San Gabriel Valley Municipal Water District; Former Assemblymember
  • Vinh Ngo, Mayor of Monterey Park
  • Denise Menchaca, Mayor of San Gabriel
  • Tony Wu, Mayor of West Covina
  • Elizabeth Yang, Mayor Pro Tem of Monterey Park
  • Eileen Wang, Mayor Pro Tem of Arcadia
  • Additional councilmembers, community leaders, and organizations

(Visit www.yvonneyiu.com for a full list of endorsements)
  • Yiu also garnered widespread support during her 2024 State Senate campaign, with endorsements from:
  • Armenian National Committee of America – Western Region (ANCA-WR)
  • California Asian & Pacific Islander Legislative Caucus
  • Asian Americans for Good Government PAC (AAGG-PAC)
  • California Police Chiefs Association (CPCA)
  • Numerous local elected officials, labor unions, and civic organizations

"These current and past endorsements reflect a broad coalition of leaders and organizations who share my vision for an inclusive and prosperous California," Yiu stated.

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For more information, to RSVP, or to get involved, visit: https://www.yvonneyiu.com

Source: We Advoc8
Filed Under: Government

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