View source for Fiona Ma

{{Short description|American politician (born 1966)}}
{{Like resume|date=December 2020}}
{{Infobox officeholder
| name                = Fiona Ma
| native_name         = {{small|{{nobold|馬世雲}}}}
| native_name_lang    = zh-hant
| image               = Fiona Ma official2.jpg
| office              = 34th [[California State Treasurer|Treasurer of California]]
| governor            = [[Gavin Newsom]]
| term_start          = January 7, 2019
| term_end            = 
| predecessor         = [[John Chiang (California politician)|John Chiang]]
| successor           = 
| office1             = Chair of the [[State Board of Equalization (California)|California Board of Equalization]]
| term_start1         = February 24, 2016
| term_end1           = February 23, 2017
| predecessor1        = [[Jerome Horton]]
| successor1          = [[Diane Harkey]]
| office2             = Member of the [[State Board of Equalization (California)|California Board of Equalization]]<br>from the 2nd district
| term_start2         = January 5, 2015
| term_end2           = January 7, 2019
| predecessor2        = [[Betty Yee]] (redistricted)
| successor2          = [[Malia Cohen]]
| office3             = Speaker pro tempore of the [[California State Assembly]]
| term_start3         = March 27, 2010
| term_end3           = August 10, 2012
| predecessor3        = [[Lori Saldaña]]
| successor3          = [[Nora Campos]]
| state_assembly4     = California
| district4           = [[California's 12th State Assembly district|12th]]
| term_start4         = December 4, 2006
| term_end4           = November 30, 2012
| predecessor4        = [[Leland Yee]]
| successor4          = [[Phil Ting]]
| office5             = Member of the [[San Francisco Board of Supervisors]]<br>from the 4th district
| term_start5         = December 2, 2002
| term_end5           = December 4, 2006
| predecessor5        = [[Leland Yee]]
| successor5          = [[Ed Jew]]
| birth_date          = {{birth date and age|1966|3|4}}
| birth_place         = [[New York City]], [[New York (state)|New York]], U.S.
| death_date          = 
| death_place         = 
| party               = [[Democratic Party (United States)|Democratic]]
| spouse              = Jason Hodge
| education           = [[Rochester Institute of Technology]] ([[Bachelor of Science|BS]])<br>[[Golden Gate University]] ([[Master of Science|MS]])<br>[[Pepperdine University]] ([[Master of Business Administration|MBA]])
| module = {{Infobox Chinese
| child = yes
| t = 馬世雲
| s = 马世云
| p = Mǎ Shìyún
| w = Ma<sup>3</sup> Shih<sup>4</sup>-yün<sup>2</sup>
| j = Maa5 Sai3wan4
| showflag = p}}
}}
'''Fiona Ma''' (born March 4, 1966) is an American politician and accountant. She has been serving as the [[California State Treasurer|California state treasurer]] since January 7, 2019.<ref name="2018Vote">{{cite web |last1=Padilla |first1=Alex |title=Statement of Vote Statement of Vote |date=November 6, 2018 |url=https://elections.cdn.sos.ca.gov/sov/2018-general/sov/2018-complete-sov.pdf |website=State of California |publisher=Secretary of State of the State of California |access-date=17 December 2018}}</ref> She previously was a member of the [[State Board of Equalization (California)|California Board of Equalization]] (2015–2019), the [[California State Assembly]] (2006–2012), and the [[San Francisco Board of Supervisors]] (2002–2006).<ref>{{cite web |title=Former Supervisor Fiona Ma |url=https://sfbos.org/former-supervisor-fiona-ma |website=SFbos.org |publisher=San Francisco Board of Supervisors |access-date=19 July 2018}}</ref><ref>{{cite news|last1=Bondoc|first1=Jose Ricardo G.|date=January 7, 2015|title=Fiona Ma Praised By Colleagues As "Fearless & Dynamic"|publisher=sfnewsfeed.us|url=https://fionama.com/news/2015/fiona-ma-praised-by-colleagues-as-fearless-dynamic|access-date=19 July 2018|archive-date=19 July 2018|archive-url=https://web.archive.org/web/20180719233159/https://fionama.com/news/2015/fiona-ma-praised-by-colleagues-as-fearless-dynamic|url-status=dead}}</ref><ref>{{cite news|last1=Samaha|first1=Albert|date=October 11, 2012|title=Fiona Ma Tells SF Weekly What the State Assembly Taught Her About California|publisher=SF Weekly|url=https://fionama.com/news/2012/fiona-ma-tells-sf-weekly-what-the-state-assembly-taught-her-about-california|access-date=19 July 2018|archive-date=19 July 2018|archive-url=https://web.archive.org/web/20180719203355/https://fionama.com/news/2012/fiona-ma-tells-sf-weekly-what-the-state-assembly-taught-her-about-california|url-status=dead}}</ref>

A member of the [[Democratic Party (United States)|Democratic Party]], Ma was the first [[Asian American]] woman to serve as California Assembly Speaker Pro Tempore,<ref>{{cite web |title=Profiles: Fiona Ma |url=https://law.ggu.edu/press-room/profiles/alumni/fiona-ma |website=law.ggu.edu |publisher=Golden Gate University |access-date=19 July 2018}}</ref> the second highest-ranking office in the California Assembly.<ref>{{cite web |title=California State Legislature Leadership |url=http://www.legislature.ca.gov/the_state_legislature/leadership_and_caucuses/leadership.html |website=legislature.ca.gov |publisher=California State Legislature |access-date=19 July 2018}}</ref> Ma is also only the second [[Certified Public Accountant]] (CPA) to be elected to the Board of Equalization.<ref>{{cite news |last1=Anderson |first1=Olivia |title=From San Francisco to the State |url=http://www.bhweekly.com/issues/pdf/2017_945.pdf |access-date=19 July 2018 |issue=945 |publisher=Beverly Hills Weekly |date=November 9, 2017}}</ref> She was selected as Chairperson of the California Board of Equalization in 2016,<ref>{{cite web |last1=Public Affairs |first1=Office of |title=BOE Selects New Chair and Vice Chair |url=http://www.boe.ca.gov/news/2016/19-16-M.htm |website=boe.ca.gov |publisher=California Board of Equalization |access-date=19 July 2018 |archive-date=19 July 2018 |archive-url=https://web.archive.org/web/20180719233258/http://www.boe.ca.gov/news/2016/19-16-M.htm |url-status=dead }}</ref> and ordered three external audits of the agency.<ref>{{cite web |last1=Ma |first1=Fiona |title=California Legislature Passes Sweeping BOE Tax Reform |url=https://fionama.com/news/2017/california-legislature-passes-sweeping-boe-tax-reform |website=Fionama.com |date=16 June 2017 |access-date=19 July 2018}}</ref>

In March 2019, Ma announced she would run for the [[2026 California gubernatorial election]].<ref>{{Cite web |last=Marinucci |first=Carla |date=2019-03-26 |title=3 top Democrats say they'll run for California governor in 2026 |url=https://www.politico.com/states/california/story/2019/03/26/3-top-democrats-say-theyll-run-for-california-governor-in-2026-934362 |access-date=2023-04-26 |website=POLITICO |language=en}}</ref> In March 2023, she announced that she would be running for the [[2026 California lieutenant gubernatorial election]] instead.<ref>{{Cite news |last=Bollag |first=Sophia |date=2023-04-25 |title=Former California Controller Betty Yee says she will run to replace Gov. Gavin Newsom in 2026 |url=https://www.sfchronicle.com/politics/article/betty-yee-california-governor-2026-17916212.php |access-date=2023-04-26 |website=San Francisco Chronicle |language=en-US}}</ref><ref>{{Cite web |last=Ding |first=Diana |date=2023-03-13 |title=State Treasurer Fiona Ma announces she will run for Lieutenant Governor of California in 2026 |url=http://www.dingdingtv.com/?p=94116 |access-date=2023-04-25 |website=Silicon Valley Innovation Channel Ding Ding TV}}</ref>

==Early life and education==
Ma is the oldest of three children born to William and Sophia Ma, both [[Chinese people|Chinese]] immigrants. Her grandfather, Lieutenant General {{Interlanguage link|Ma Zhen (mayor)|lt=Ma Zhen|zh|馬鉁}}, was the first mayor of [[Kunming]], [[Yunnan]], and is of [[Bai people|Bai ethnicity]].<ref>{{cite web|date=March 2010|script-title=zh:华裔女性马世云就职加州众议院执行议长|trans-title=Chinese American Fiona Ma becomes the Speaker pro Tempore California State Assembly|url=http://chinese.dwnews.com/news/2010-03-26/55756338.html|url-status=dead|archive-url=https://web.archive.org/web/20110710160251/http://chinese.dwnews.com/news/2010-03-26/55756338.html|archive-date=2011-07-10|work=DuoWei News|language=zh-hans}}</ref><ref>{{cite web|url=https://cafoundations.org/cn/%E6%88%91%E4%BB%AC%E5%81%9A%E4%BB%80%E4%B9%88/%E6%88%91%E4%BB%AC%E7%9A%84%E6%95%85%E4%BA%8B/339-%E9%A9%AC%E4%B8%96%E4%BA%91%EF%BC%9A%E5%B1%A1%E5%88%9B%E7%BA%AA%E5%BD%95%E7%9A%84%E5%8A%A0%E5%B7%9E%E5%8D%8E%E8%A3%94%E5%A5%B3%E6%80%A7%E6%B0%91%E9%80%89%E5%AE%98%E5%91%98.html|title=马世云：屡创纪录的加州华裔女性民选官员|newspaper=Chinese American Foundation|date=2022-05-17|access-date=2024-12-11}}</ref>

Born and raised in [[New York (state)|New York]], she attended Baker Elementary School before graduating from Great Neck North Middle and [[John L. Miller Great Neck North High School|High School]]s. Her father, William Ma, was a [[mechanical engineer]] who later specialized in construction claims and litigation before he retired. Her mother, Sophia (née Doo), was a high school art teacher for 20 years before moving the family to [[San Francisco]] to be closer to her parents. Rev William Doo was posted as a minister at the San Francisco Swatow Christian Church in San Francisco's Sunset District.<ref name="bio">{{cite news|author=Allen, Bruce C.|date=July 2006|title=Capitol's newest CPA: CalCPA member Fiona Ma elected to Assembly|work=California CPA|url=http://www.findarticles.com/p/articles/mi_m0ICC/is_1_75/ai_n16598292|access-date=2007-03-19}}</ref>

Ma earned a Bachelor of Science degree in accounting from [[Rochester Institute of Technology]], a Master of Science in taxation from [[Golden Gate University]], and a [[Master of Business Administration]] from [[Pepperdine University]]. She is a CPA.<ref name="bio" />

== Career ==
Ma is an active member of the [[California Society of Certified Public Accountants]] (CalCPA), [[Financial Accounting Foundation|Governmental Accounting Standards Advisory Council (GASAC)]].<ref>{{cite web|title=Treasurer Fiona Ma Biography|url=https://www.treasurer.ca.gov/comm-external-urls/fiona-ma-bio.pdf|access-date=13 March 2020|publisher=California Treasurer's Office}}</ref> Additionally, she is a member of the Screen Actors Guild ([[SAG-AFTRA]]) and had a small role in the short film My Name Is Moe.<ref>{{Cite web |title=Short Film Review "My Name Is Moe" ← One Film Fan |date=7 August 2022 |url=https://onefilmfan.com/short-film-review-my-name-is-moe/ |access-date=2022-12-09 |language=en-US}}</ref>

Ma was appointed to the Assessment Appeals Board of San Francisco by the San Francisco Board of Supervisors in 1995. That same year, she was a part-time district representative for then-State Senator [[John L. Burton|John Burton]]. She served as Burton's district representative until her election to the San Francisco Board of Supervisors in 2002. She was responsible for helping constituents with Medi-Cal, Workers' Compensation, Unemployment Insurance, Franchise and Employment Development Department taxes, and professional licensing.{{Citation needed|date=June 2024}}

=== San Francisco Board of Supervisors ===
Ma was later elected to the San Francisco Board of Supervisors from 2002 to 2006 representing [[San Francisco Board of Supervisors#District 4|District 4]], the [[Sunset District (San Francisco)|Sunset District]], Outer Sunset, Parkside, Outer Parkside, and Pine Lake Park. While serving on that board, her legislative focus was a campaign to shut down [[massage parlor]]s claimed to traffic persons into the country and use them for prostitution.<ref>{{cite web|date=2007-01-13|title=Biography|url=http://democrats.assembly.ca.gov/members/a12/Biography/default.aspx|url-status=dead|archive-url=https://web.archive.org/web/20081010042904/http://democrats.assembly.ca.gov/members/a12/Biography/default.aspx|archive-date=2008-10-10|access-date=2007-03-19|work=Official website for California State Assemblymember Fiona Ma}}</ref> As a Supervisor, she also started her advocacy regarding banning some chemicals from children's toys - passing an ordinance to "prohibit the manufacture, sale, or distribution in commerce of any toy or child-care article…if it contains bisphenol-A or other specified chemicals."<ref name=RubberDuck>{{cite book |title=Slow Death by Rubber Duck: How the Toxic Chemistry of Everyday Life Affects Our Health |first1=Rick |last1=Smith |first2=Bruce |last2=Lourie |publisher=Random House Digital |date=2010 |isbn=9781582437026 |pages=60-65}}</ref>
 
=== California Assembly ===
Ma was elected to represent [[California's 12th Assembly District]] (including San Francisco, Daly City, Colma and Broadmoor) from November 2006 to November 2012, serving the maximum of three terms.

Ma won the Democratic nomination in that district against fellow Democrat Janet Reilly in the state primary election of June 6, 2006. The campaign was one of the more expensive legislative primary races in the state.<ref>{{cite news|author=Gordon, Rachel|date=2006-06-04|title=$3 million Pumped into Assembly Race: But on final weekend of campaigns, both Ma and Reilly are relying on shoe leather|work=[[San Francisco Chronicle]]|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/06/04/BAGOUJ89261.DTL|access-date=2007-03-19}}</ref>

On November 7, 2006, Ma received 70 percent of the vote in the general election.<ref>{{cite web|date=2006-12-05|title=Official Election Results|url=http://www.sfgov.org/site/election_index.asp?id=47578|url-status=dead|archive-url=https://web.archive.org/web/20061130155621/http://sfgov.org/site/election_index.asp?id=47578|archive-date=2006-11-30|access-date=2006-03-19|publisher=City and County of San Francisco Department of Elections}}</ref>

Ma was appointed Assembly majority whip by the speaker of the assembly, [[Fabian Núñez]], a position which she held for 4 years. In 2010, Speaker of the Assembly [[John Pérez]] appointed Ma to the position of Speaker pro Tempore, a position which she held for her final 2 years as the California Assembly.

As an assemblywoman, Ma continued her work around safety in children's toys, writing legislation banning chemicals in products for babies and small children.  The bill became law in October 2007 and took effect in January 2009. Ma's legislation was later incorporated into Senator Dianne Feinstein's<ref>{{cite web|author=J.R. Pegg|date=2008-08-01|title=U.S. Congress Restricts Toxic Plastics Softener in Toys|url=http://www.ens-newswire.com/ens/aug2008/2008-08-01-10.asp|access-date=2012-08-30|publisher=Ens-newswire.com}}</ref> federal Consumer Product Safety Improvement Act of 2008 enacted on August 15, 2008.<ref name=RubberDuck />

==== Committee membership ====
{{BLP unsourced section|date=March 2022}}

=== California Board of Equalization ===
On November 4, 2014, Ma won election to district 2 of the [[California State Board of Equalization]]. She received 1,448,657 votes, or 68.5% of the vote.<ref>{{cite web|url=http://elections.cdn.sos.ca.gov/sov/2014-general/pdf/06-summary.pdf |title=STATEMENT OF VOTE SUMMARY PAGES |website=sos.ca.gov}}</ref> District 2 covers nearly 10 million people along California's coastline from Oregon to Santa Barbara.  On, February 24, 2016, the Board selected Ma as its chair.<ref>{{cite web|url=https://www.sacbee.com/news/politics-government/capitol-alert/article62469117.html |title=California tax board squabbles over chairmanship |work=[[The Sacramento Bee]] |access-date=2022-03-25 |date=2016-02-25 |first1=Dan |last1=Walters}}</ref> As chair, Ma also sits on the California Franchise Tax Board.<ref>{{Cite web |url=https://www.ftb.ca.gov/aboutFTB/boardMembers.shtml?WT.mc_id=AboutUs_BoardBiographies |title=Board Member Biographies |access-date=2016-08-21 |archive-date=2016-09-11 |archive-url=https://web.archive.org/web/20160911174029/https://www.ftb.ca.gov/aboutFTB/boardMembers.shtml?WT.mc_id=AboutUs_BoardBiographies |url-status=dead }}</ref>

=== California state treasurer ===
{{main|2018 California State Treasurer election}}
On May 17, 2016, Ma announced she was opening her campaign to run for California treasurer in the 2018 election.<ref>{{cite news |last1=Wildermuth |first1=John |title=Fiona Ma announces she's running for state treasurer |url=https://www.sfgate.com/politics/article/Fiona-Ma-announces-she-s-running-for-state-7674555.php |access-date=17 December 2018 |agency=SF Gate |publisher=San Francisco Chronicle |date=May 18, 2016}}</ref> On June 5, 2018, she finished first in the nonpartisan open primary,<ref>{{cite web |last1=Padilla |first1=Alex |title=Statement of the Vote, June 5, 2018 Statewide Direct Primary Vote Election |url=https://elections.cdn.sos.ca.gov/sov/2018-primary/sov/2018-complete-sov.pdf |website=State of California |publisher=California Secretary of State |access-date=17 December 2018}}</ref> and then defeated Republican Greg Conlon in the November 6 election.<ref>{{cite web |last1=California |first1=Secretary of State |title=Treasurer Candidate Statements |url=http://www.voterguide.sos.ca.gov/candidates/treasurer-candidate-statements.htm |website=California Voter Guide |publisher=Office of California Secretary of State |access-date=25 June 2019}}</ref> On January 7, 2019, she was sworn in as the first woman of color and the second CPA to ever serve as [[California State Treasurer]].

==== Head banker and strengthening state finances ====
In her first year in office, [[Wall Street]]'s [[Fitch Ratings]] and [[Moody's Corporation|Moody's]] upgraded California's general obligation bonds, citing improved fiscal management,<ref>{{cite news |last1=Jennewein |first1=Chris |title=California's Bond Rating Upgraded on Improved Fiscal Management |url=https://timesofsandiego.com/politics/2019/08/16/californias-bond-rating-upgraded-on-improved-fiscal-management/ |access-date=20 August 2019 |publisher=Voice of San Diego |date=August 16, 2019}}</ref> and stating California's budget reserves had "never been stronger".<ref>{{cite news |last1=Webster |first1=Keeley |title=California gets its second upgrade in two months |url=https://www.bondbuyer.com/news/moodys-upgrades-californias-go-bonds-to-aa2 |access-date=25 October 2019 |publisher=The Bond Buyer |date=October 15, 2019}}</ref> Ma stated her goal to help create "lower borrowing costs, a favorable interest rate environment, improved ratings, and a continued commitment to building reserves".<ref>{{cite news |author=Staff Report |title=Moody's upgrades California's General Obligation bonds to Aa2 |url=https://www.oc-breeze.com/2019/10/23/146791_moodys-upgrades-californias-general-obligation-bonds-to-aa2/ |access-date=25 October 2019 |publisher=Orange County Breeze |date=October 23, 2019}}</ref> In the first quarter of 2019, Ma sold more bonds than any other state treasurer in America,<ref name="BondPhilosophy">{{cite news |last1=Webster |first1=Keeley |title=California's first-year treasurer puts her stamp on bond program |url=https://www.fionama.com/news/californias-first-year-treasurer-puts-her-stamp-on-bond-program |access-date=11 June 2019 |publisher=The Bond Buyer |date=May 2, 2019}}</ref> including a different bond issuance almost every week during March and April.<ref>{{cite news |title=State Treasurer Ma announces sale of bonds starting March 4 |url=https://www.siskiyoudaily.com/news/20190208/state-treasurer-ma-announces-sale-of-bonds-starting-march-4 |access-date=11 June 2019 |publisher=Siskiyou Daily News |date=February 28, 2019 }}{{Dead link|date=August 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> From July to December 2019, her office sold an additional $7.65 billion of bonds.<ref name="2019YearEnd">{{cite web |last1=Ma |first1=Fiona |title=Treasurer Ma's End of Year Letter |url=https://www.treasurer.ca.gov/treasurer-ma-year-end-letter.pdf |website=California State Treasurer |publisher=State of California |access-date=28 March 2020}}</ref> In November 2019, the nonpartisan [[California Legislative Analyst's Office]] reported on the Treasurer's cost-cutting impact stating: "the State Treasurer has been able to refinance much of the state's bond debt. Consequently, much of the state's outstanding debt now carries a lower interest rate resulting in lower annual costs."<ref>{{cite web |last1=Petek |first1=Gabriel |title=The 2020-21 Budget: California's Fiscal Outlook |url=https://lao.ca.gov/reports/2019/4111/fiscal-outlook-112019.pdf |website=California Legislative Analysts Office |access-date=2 December 2019}}</ref>
Overall in 2019, Ma's office oversaw $85 billion in bonds and $85 billion to $100 billion (an all-time high) in short term investments.<ref name="2019YearEnd" /> "I believe in checks and balances, accountability and also being proactive," Ma told Bloomberg news.<ref>{{cite news |last1=Varghese |first1=Romy |title=California's New Treasurer Eyes Redo for $10 Billion Bond Issuer |url=https://www.bloomberg.com/news/articles/2018-12-27/california-s-new-treasurer-eyes-overhaul-for-major-bond-issuer |access-date=11 June 2019 |publisher=Bloomberg News |date=December 27, 2018}}</ref> Ma's priorities for California's bond program include:
* Refinancing bonds at a lower interest rate<ref>{{cite news |last1=Larsen |first1=Elizabeth |title=State treasurer refinances more than $1.88 billion in old bond debt, saves taxpayers $403 million |url=http://www.lakeconews.com/index.php/news/community/60772-state-treasurer-refinances-more-than-1-88-billion-in-old-bond-debt-saves-taxpayers-403-million |access-date=11 June 2019 |publisher=Lake County News |date=April 14, 2019}}</ref><ref>{{cite news |author=Staff Report |title=State Treasurer Fiona Ma celebrates birthday by saving Californians $1 billion |url=http://www.oc-breeze.com/2019/03/07/135824_state-treasurer-fiona-ma-celebrates-birthday-by-saving-californians-1-billion/ |access-date=11 June 2019 |publisher=Orange County Breeze |date=March 7, 2019}}</ref>
* Allocating bonds to affordable and low cost housing<ref>{{cite news |last1=Halverstadt |first1=Lisa |title=Sacramento Report: New State Treasurer Wants to Tackle the Housing Crisis |url=https://www.voiceofsandiego.org/topics/government/sacramento-report-new-state-treasurer-wants-to-tackle-the-housing-crisis/ |access-date=11 June 2019 |publisher=Voice of San Diego |date=January 18, 2019}}</ref><ref>{{cite news |author=Staff Report |title=Treasurer Fiona Ma Announces Sale of $78 Million in Veterans Housing Bonds |url=https://eastcountytoday.net/treasurer-fiona-ma-announces-sale-of-78-million-in-veterans-housing-bonds/ |access-date=11 June 2019 |issue=March 25, 2019 |publisher=East County News}}</ref>
* Environmentally focussed bonds<ref name="GreenBonds">{{cite news |last1=Ma |first1=Fiona |title=To address climate threat, California must lead the way on green bonds |url=https://www.sacbee.com/opinion/op-ed/article229817769.html |access-date=11 June 2019 |publisher=Sacramento Bee |date=April 30, 2019}}</ref><ref name="GreenBondCommttee">{{cite news |author=Staff Report |title=Treasurer Fiona Ma, Climate Scientists, Engineers, and Other Experts Seek to Establish California as World's Green Bond Leader |url=https://gspp.berkeley.edu/news/news-center/treasurer-fiona-ma-climate-scientists-engineers-and-other-experts-seek-to-establish-california-as-worlds-green-bond-leader |access-date=11 June 2019 |agency=University of California Berkeley |publisher=Goldman School of Public Policy |date=June 5, 2019}}</ref>
* Broadening efforts to include women, minority and veteran-owned broker-dealer firms to manage bond issuances<ref name="BondPhilosophy" />
* helping local city governments to manage their finances soundly<ref>{{cite news |last1=Varghese |first1=Romy |title=Hands-Off Approach May Be Changing in Hub of Muni Bankruptcies |url=https://www.bloomberg.com/news/articles/2018-07-12/california-treasurer-hopeful-eyes-role-easing-local-distress |access-date=11 June 2019 |publisher=Bloomberg News |date=July 12, 2018}}</ref><ref>{{cite news |author=Staff Report |title=State Treasurer Fiona Ma Provides Financial Empowerment to Local Elected Officials with New Training Video |url=https://www.cacities.org/Top/News/News-Articles/2019/April/State-Treasurer-Fiona-Ma-Provides-Financial-Empowe |access-date=11 June 2019 |publisher=League of California Cities |date=April 1, 2019}}</ref>
* statewide infrastructure projects and voter approved bonds such as clean water and high-speed rail.<ref>{{cite news |last1=Ronayne |first1=Kathleen |title=California sells $600M in high-speed rail bonds 184 |url=https://www.kcra.com/article/california-sells-dollar600m-in-high-speed-rail-bonds/26951221 |access-date=11 June 2019 |publisher=KCRA News |date=March 26, 2019}}</ref><ref>{{cite news |author=Staff Report |title=Treasurer Fiona Ma announces sale of $843 million in taxable general obligation bonds to fund certain voter-approved projects |url=http://www.oc-breeze.com/2019/03/27/136831_treasurer-fiona-ma-announces-sale-of-843-million-in-taxable-general-obligation-bonds-to-fund-certain-voter-approved-projects/ |access-date=11 June 2019 |publisher=Orange County Register |date=March 27, 2019}}</ref>

==== Green financing and environmental policy ====
Ma chaired the inaugural meeting of the California Green Bond Market Development Committee on June 5, 2019 to "establish California as the world's green bond leader"<ref name="GreenBondCommttee" /> by developing standards for what qualifies as green bonds,<ref>{{cite news |last1=Editorial Board |first1=Environmental Finance |title=Q&A with California State Treasurer Fiona Ma |url=https://www.environmental-finance.com/content/analysis/q-and-a-with-california-state-treasurer-fiona-ma.html |access-date=28 March 2020 |agency=Environmental-Finance.com |publisher=Environmental Finance |date=September 25, 2019}}</ref> and incorporating green bonds into the financing of state infrastructure projects.<ref>{{cite news |last1=Campbell |first1=Bruce |title=State Treasurer Fiona Ma Announces $73.7 Million Green Bond Sale for Rice Waste Recycling Plant |url=https://valleysentinel.com/state-treasurer-fiona-ma-announces-73-7-million-green-bond-sale-for-rice-waste-recycling-plant/ |access-date=30 October 2019 |publisher=The Valley Sentinel |date=September 9, 2019}}</ref><br />
Ma launched the Small Business Energy Efficiency Financing and the Affordable Multifamily Energy Efficiency Financing programs in October 2019 to help small business, nonprofits and affordable housing owners to reduce the cost of financing [[Efficient energy use|energy efficiency]] improvements.<ref>{{cite news |author=Staff Report |title=State Treasurer Fiona Ma celebrates Energy Efficiency Day by launching new green initiatives |url=http://www.oc-breeze.com/2019/10/03/145625_state-treasurer-fiona-ma-celebrates-energy-efficiency-day-by-launching-new-green-initiatives/ |access-date=30 October 2019 |publisher=Orange County Breeze |date=October 3, 2019}}</ref> She also co-sponsored the California Recycling Market Development Act to promote California's recycling programs, AB 1583 authored by Assemblymember Susan Eggman and signed in to law by Governor Newsom.<ref>{{cite web |author=Staff Report |title=Governor Newsom Signs Package Of Forward-Looking Waste Reduction Bills Into Law |url=https://www.cawrecycles.org/press-releases/e9k8zxyr6x8t7rbp92be3c35zwcang |website=Californians Against Waste |date=10 October 2019 |access-date=30 October 2019 |ref=October 10, 2019}}</ref>
Ma also chairs the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), which assists the state in meeting its greenhouse gas goals and works with the private market. CAEATFA operates the CA Hub for Energy Efficiency Financing Program, which has provided more than $825 million in sales tax exclusions for over 200 green projects that support solar manufacturing, geothermal, renewable fuels, and [[biogas]] production. Ma also chairs the California Pollution Control Financing Authority (CPCFA), providing $16.2 billion in low-cost financing. CPCFA was the first statewide financing authority to sign the Green Bond Pledge, vowing to meet climate bond principles in all of its projects.<ref>{{cite news |last1=Editorial Board |first1=Sonoma County Gazette |title=California Financials are in the Right Direction When it Comes to the Climate Crisis |agency=Vesta Publishing, LLC |publisher=Sonoma County Gazette |date=January 15, 2020}}</ref> <br />In December 2020, Ma's office enrolled the 1,000th loan of the Residential Energy Efficiency Loan Program,<ref>{{cite web |title=Residential Energy Efficiency Loan Assistance Program |url=https://www.treasurer.ca.gov/caeatfa/cheef/reel/index.asp |website=treasurer.ca.gov |publisher=California Treasurer's Office |access-date=23 December 2020}}</ref> to a Yuba County homeowner to install a highly efficient HVAC and smart thermostat.<ref>{{cite web |last1=DeSio |first1=Mark |title=Energy Efficiency Loan Program Hits Milestone Mark |url=https://www.treasurer.ca.gov/news/releases/2020/20201216/71.pdf |website=treasurer.ca.gov |publisher=California Treasurer's Office |access-date=23 December 2020 |ref=December 16, 2020}}</ref>

==== Affordable housing ====
Ma's office oversees private activity bonds and state housing tax credits<ref>{{cite web |title=California Tax Credit Allocation Committee (CTCAC) |url=https://www.treasurer.ca.gov/ctcac/ |website=treasurer.ca.gov |publisher=California Treasurer's Office |access-date=23 December 2020}}</ref> that are used to build and maintain low-income housing and keep rents in these units affordable for 55 years.<ref name="2019YearEnd" /> In 2019, her office sold over $180 million of bonds for the California Department of Veterans Affairs (CalVet) program to provide affordable loans to veterans.<ref>{{cite news |last1=Editorial Board |first1=San Diego Union Tribune |title=A conversation with California Treasurer Fiona Ma |url=https://www.sandiegouniontribune.com/opinion/story/2019-07-11/interview-state-treasurer-fiona-ma |access-date=28 March 2020 |work=San Diego Union Tribune |date=July 11, 2019}}</ref> <br />
Ma also sold $500 million (in 2019)<ref>{{cite news |last1=Katewa |first1=Aditya |title=No Place Like Home program addresses affordable housing issues |url=https://www.dailycal.org/2019/11/24/no-place-like-home-program-addresses-affordable-housing-issues/ |access-date=28 March 2020 |agency=Independent Berkeley Students Publishing Company, Inc. |publisher=Daily Californian |date=November 24, 2019}}</ref> and $450 million (in 2020)<ref>{{cite news |last1=Good |first1=Lauren |title=No Place Like Home program to provide $450M for supportive housing in CA |url=https://www.dailycal.org/2020/10/30/no-place-like-home-program-to-provide-450m-for-supportive-housing-in-ca/ |access-date=23 December 2020 |publisher=Daily Cal |date=October 30, 2020}}</ref> in revenue bonds for California's No Place Like Home (NPLH) program, an effort to develop permanent supportive housing for homeless and mentally ill people. This "social bond," to fund projects that produce positive social outcomes, won the Bond Buyer Magazine's Deal of the Year award in 2020.<ref>{{cite web |title=Deal of the Year |url=https://www.bondbuyer.com/deal-of-the-year |website=Bondbuyer.com |publisher=The Bond Buyer |access-date=23 December 2020}}</ref><br />
In September 2020, Ma released policy reports on affordable housing for community college students, working with the Southern California Association of Non-Profit Housing.<ref>{{cite news |last1= |first1= |date=September 15, 2020 |title=Innovating solutions to the community college housing conundrum |url=http://www.oc-breeze.com/2020/09/15/187440_innovating-solutions-to-the-community-college-housing-conundrum/ |url-status=dead |archive-url=https://web.archive.org/web/20230419054852/https://www.oc-breeze.com/2020/09/15/187440_innovating-solutions-to-the-community-college-housing-conundrum/ |archive-date=2023-04-19 |access-date=23 December 2020 |publisher=Orange County Breeze}}</ref> With the California School Finance Authority (CSFA),<ref>{{cite web |title=California School Finance Authority (CSFA) |url=https://www.treasurer.ca.gov/csfa/index.asp |website=State Treasurer's Office |publisher=California Treasurer's Office |access-date=23 December 2020}}</ref> Ma's office issued $87 million in bonds to build 352 beds for Santa Rosa Junior College.<ref>{{cite web |last1=DeSio |first1=Mark |title=Treasurer Ma Announces First Issuance of Bonds for Community College Housing |url=https://www.treasurer.ca.gov/news/releases/2020/20200923/53.pdf |website=STO.ca.gov |publisher=California Treasurer's Office |access-date=23 December 2020 |ref=September 24, 2020}}</ref>
In October 2020, the CTCAC chaired by Ma approved $91 million in tax credits for 2,846 units of low-income housing<ref>{{cite news |author=Staff Report |title=Sonoma, Napa, Lake, Mendocino counties get $25M in tax credits for housing after fires; Sonoma builders get energy incentives; more news |url=https://www.northbaybusinessjournal.com/article/industrynews/sonoma-napa-lake-mendocino-counties-get-25m-in-tax-credits-for-housing/ |access-date=23 December 2020 |publisher=North Bay Business Journal |date=October 20, 2020}}</ref> in counties heavily damaged by the Camp, Tubbs, Thomas, and Mendocino Complex wildfires in 2017 and 2018.<ref>{{cite news |last1=Jennewein |first1=Chris |title=County Gets $3 Million in Tax Credits to Rebuild Housing Burned in 2017-18 Wildfires |url=https://timesofsandiego.com/politics/2020/06/19/county-gets-3-million-in-tax-credits-to-rebuild-housing-burned-in-2017-18-wildfires/ |access-date=23 December 2020 |publisher=Times of an Diego |date=June 19, 2020}}</ref>

==== Protecting families, consumers and small business ====
In June 2019, Ma announced the launch of the CalSavers Retirement Savings Program, which offers an IRA retirement savings option to employees who don't currently have one through their employer.<ref>{{cite web |last1=Ma |first1=Fiona |title=State Treasurer Fiona Ma, Board, Leaders Announce Official Launch of CalSavers |url=https://yubanet.com/california/state-treasurer-fiona-ma-board-leaders-announce-official-launch-of-calsavers/ |access-date=30 October 2019 |website=Yuba.net |date=July 1, 2019}}</ref>

In 2019, the "Scholar Dollars" program as part of ScholarShare 529 awarded more than $300,000 to 20 K-8 California public schools to fund technology, music, art, theater, computer science, sports, and other programs.<ref>{{cite news |title=California State Treasurer Fiona Ma Celebrates ScholarShare 529 Day by Presenting 'Scholar Dollars' to San Bernardino County Schools |url=https://advisornews.com/oarticle/california-state-treasurer-fiona-ma-celebrates-scholarshare-529-day-by-presenting-scholar-dollars-to-san-bernardino-county-schools#.Xn-_qNNKj2I |access-date=28 March 2020 |agency=InsuranceNews.net |work=Advisor News |date=May 29, 2019}}</ref> In 2020, Ma sponsored a law to protect ScholarShare 529 accounts from being seized by debt collectors.<ref>{{cite news |title=California Senate Passes Wieckowski Bill |url=https://patch.com/california/fremont/california-senate-passes-wieckowski-bill |access-date=23 December 2020 |work=Patch |date=June 13, 2020}}</ref>

As part of Governor [[Gavin Newsom]]'s Master Plan for Aging,<ref>{{cite web |last1=Newsom |first1=Gavin |title=California Master Plan for Aging |url=https://www.chhs.ca.gov/home/master-plan-for-aging/ |website=California Health and Human Services Agency |access-date=28 March 2020}}</ref> Ma co-sponsored three bills addressing the needs of older adults, people with disabilities and family caregivers: AB 1287 (Nazarian), AB 1382 (Aguiar-Curry), and SB 611(Cabellero).<ref name="LegInfoWebsite">{{cite web |title=California Legislative Information |url=https://leginfo.legislature.ca.gov/faces/billSearchClient.xhtml |website=California Legislative Information |access-date=28 March 2020}}</ref> In 2019, the Treasurer Office's CalABLE program was expanded to allow anyone with a disability diagnosed before the age of 26 to
open up an account and save up to $15,000 a year.<ref>{{cite news |title=Bill would expand CalABLE fund limits, small business usage |url=https://www.dailyrepublic.com/all-dr-news/solano-news/fairfield/bill-would-expand-calable-fund-limits-small-business-usage/ |access-date=28 March 2020 |newspaper=Daily Republic |date=February 14, 2019}}</ref>

In 2020, as part of the California Infrastructure and Economic Development Bank (iBank), Ma began administering the California Rebuilding Fund, a new public-private partnership to support California's small businesses. The fund is part of the [[California Governor's Office of Economic Development]].<ref>{{cite press release |title=New Initiative Looks to Support Smallest of California Small Businesses |url=https://yubanet.com/california/new-initiative-looks-to-support-smallest-of-california-small-businesses/ |access-date=23 December 2020 |via=Yuba Net |publisher=Governor's Office of Business and Economic Development |date=August 27, 2020}}</ref>

==== High-speed rail ====
In her first year as treasurer, Ma appointed Dr Beverly Scott, adjunct professor at the [[Mineta Transportation Institute]] of [[San Jose State University]], and Frederick Jordan, president of Bay Area construction company F.E. Jordan Associates Inc, to the [[California High-Speed Rail Peer Review Group]].<ref>{{cite news |last1=News Services |first1=Sentinel |title=Treasurer Appoints Distinguished Transportation Experts Dr. Beverly Scott and Frederick Jordan to High-Speed Rail Authority Peer Review Group |agency=Bakewell Media |publisher=Los Angeles Sentinel |date=May 9, 2019}}</ref> Ma also provided support to the SoCal-to-Las Vegas [[Brightline West]] high-speed rail project connecting [[Southern California]] and [[Las Vegas, Nevada]] when she announced approval of a $300 million bond issuance for the project.<ref>{{cite news |last1=Webster |first1=Keeley |title=Las Vegas train lands $300 million California PAB authorization |agency=Arizent Publishing |publisher=The Bond buyer |date=September 18, 2019}}</ref>

==== Cannabis banking ====
In 2019, Ma sponsored SB 51, by Senator Majority Leader Bob Hertzberg, to allow private banks and credit unions to apply for state licensing which would allow licensed cannabis-related businesses to open accounts and deposit income.<ref>{{cite news |last1=Lindbloom |first1=Julia |title=Round 2 begins over cannabis banking |url=https://capitolweekly.net/round-2-begins-cannabis-banking/ |access-date=28 March 2020 |agency=Open California |publisher=Capitol Weekly |date=March 14, 2019}}</ref>

==== Collecting sales tax revenue from Amazon ====
On April 25, 2019, Governor Gavin Newsom signed legislation<ref>{{cite web |last1=Counsel |first1=Legislative |title=AB-147 Use taxes: collection: retailer engaged in business in this state: marketplace facilitators.(2019-2020) |url=https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201920200AB147 |website=California Legislative Information |publisher=State of California |access-date=28 April 2019}}</ref> that Ma had pushed to require out-of-state and online retailers like [[eBay]], [[Etsy]], and [[Amazon (company)]] to collect sales taxes in line with the practices of local California businesses,<ref>{{cite news |last1=Bollag |first1=Sophia |title=New California law requires Amazon to collect sales tax for small online retailers |url=https://www.sacbee.com/news/politics-government/capitol-alert/article229699444.html |access-date=28 April 2019 |publisher=Sacramento Bee |date=April 25, 2019}}</ref> eliminating an unfair advantage that Amazon and other out-of-state and online businesses had claimed.<ref name="AmazonTax">{{cite news |last1=Dayen |first1=David |title=The 'Amazon Tax' Ruling: Disrupting the Disruptors? |url=https://capitalandmain.com/the-amazon-tax-ruling-disrupting-the-disruptors-0710 |access-date=23 July 2018 |publisher=Capital & Main |date=July 10, 2018}}</ref>

==== {{anchor|COVID 19 Pandemic}} COVID-19 pandemic ====
During the COVID-19 pandemic beginning March 2020, all Ma's operations were considered essential services and kept fully-open and operational.<ref>{{cite web |last1=DeSio |first1=Mark |title=California Treasurer Fiona Ma: State Treasury Operations are Essential and Continuing |url=https://www.treasurer.ca.gov/news/releases/2020/20200323/17.asp |website=California State Streasurer |publisher=State of California |access-date=4 May 2020}}</ref> Ma's office and agencies she chaired took the following actions:
* assembled resources for taxpayer relief, food sources for needy families, and financial resources for small business.<ref>{{cite news |last1=Narahari |first1=Nina |title='Move quickly and provide relief': State, local governments try to ease pressure on small businesses |url=https://www.dailycal.org/2020/04/13/move-quickly-and-provide-relief-state-local-governments-try-to-ease-pressure-on-small-businesses/ |access-date=4 May 2020 |publisher=the Daily Californian |date=April 13, 2020}}</ref> 
* Extended deadlines for business for the CalSavers retirement program and supported Governor Newsom and the State Franchise Tax Board in extending deadlines for California tax returns.<ref>{{cite news |last1=Thornton |first1=Nick |title=COVID-19 forces CalSavers to delay employer registration deadline |url=https://www.benefitspro.com/2020/04/15/covid-19-forces-calsavers-to-delay-employer-deadline/?slreturn=20200404110826 |access-date=4 May 2020 |issue=April 15, 2020 |publisher=Benefits Broker |date=April 15, 2020}}</ref><ref>{{cite news |last1=Report |first1=Courtesy |title=California State Treasurer Fiona Ma issues statement regarding COVID-19 |url=http://www.oc-breeze.com/2020/03/17/179137_california-state-treasurer-fiona-ma-issues-statement-regarding-covid-19/ |access-date=4 May 2020 |publisher=Orange County Breeze |date=March 17, 2020}}</ref>
* Launched $5 million emergency loan program for hospitals and health facilities in small, rural and district communities.<ref>{{cite web |last1=DeSio |first1=Mark |title=California's State Treasurer Responds to COVID-19 by Assisting Health Facilities with Zero Interest Loans and Loan Payment Deferrals |url=https://www.treasurer.ca.gov/news/releases/2020/20200430/23.pdf |website=California State Treasurer |publisher=State of California |access-date=4 May 2020}}</ref>
* Increased bond money available to build additional 4,054 units of affordable housing<ref>{{cite news |last1=Ma |first1=Fiona |title=Pandemic Shows Need to Move Quickly on Affordable Housing |url=https://csq.com/2020/04/fiona-ma-pandemic-shows-need-to-move-quickly-on-affordable-housing-by-california-state-treasurer/#.XrAz8ZNKjYo |access-date=4 May 2020 |agency=C-Suite Advisors |publisher=C-Suite Quarterly |date=April 10, 2020}}</ref> including the first housing to target LGBT elders in the Davis region.<ref>{{cite news |last1=Vanguard |first1=Administrator |title=Fifth Street Affordable Housing Project Gets Final Funding Approval |url=https://www.davisvanguard.org/2020/04/fifth-street-affordable-housing-project-gets-final-funding-approval/ |access-date=4 May 2020 |agency=davisvanguard.org |issue=April 17, 2020 |publisher=the Davis Vanguard}}</ref>
* Pushed forward on $600 million in bonds for the Southern California to Las Vegas high speed rail project including 1,250 workforce housing units, 30,000 construction jobs and 1,000 permanent jobs.<ref>{{cite news |last1=Ohnsman |first1=Alan |title=High-Speed LA-To-Las Vegas Virgin Train Wins $600 Million California Bond Allocation |url=https://www.forbes.com/sites/alanohnsman/2020/04/14/high-speed-la-to-las-vegas-virgin-train-wins-600-million-california-bond-allocation/#13036e694f67 |access-date=4 May 2020 |work=Forbes Magazine |date=April 14, 2020}}</ref>
In May 2020, Ma began operating the COVID-19 Emergency HELP Loan Program to provide financial assistance to health facilities impacted by the COVID-19 pandemic.<ref>{{cite web |title=COVID-19 Financial Assistance Programs |url=https://www.treasurer.ca.gov/chffa/covid19-programs.asp#:~:text=COVID%2D19%20Emergency%20HELP%20Loan%20Program%20(Program),%24250%2C000%2C%20for%20qualifying%20health%20facilities.&text=Must%20be%20a%20health%20facility,of%20the%20California%20Government%20Code) |website=treasurer.ca.gov |publisher=California Treasurer's Office |access-date=23 December 2020}}</ref>

By May 2020, California had spent $2.2 billion on safety gear to prevent coronavirus infection. No-bid contracts were used because of the emergency and unprecedented need for [[personal protective equipment]].<ref name="BadMaskDeals">{{cite news |last1=Ronayne |first1=Kathleen |title=California official: Bad mask deals lost no taxpayer money |url=https://www.centredaily.com/news/business/article242661861.html |access-date=26 May 2020 |agency=Associated Press |publisher=Centre Daily Times |date=May 11, 2020}}</ref> The state's standard purchasing processes were disrupted and Ma's office, which normally just carries out final stages of financial transactions, took on an oversight role.<ref>{{cite news |last1=Bollag |first1=Sophia |title='Urgency and panic': Inside Gov. Gavin Newsom's rush to buy coronavirus gear |url=https://www.sacbee.com/news/politics-government/capitol-alert/article242556951.html |access-date=26 May 2020 |publisher=Sacramento Bee |date=May 6, 2020}}</ref>

==== {{anchor|2023 Writers Guild of America strike}} 2023 Writers Guild of America strike ====
{{main|2023 Writers Guild of America strike}}
On August 30, 2023,<ref name=madeadline>{{cite web
|url=https://deadline.com/2023/08/california-treasurer-amptp-writers-actors-strike-1235533288/
|title=California State Treasurer Tells Media CEOs To "Return To Negotiations, Work Toward Fair Deal With Writers And Actors"
|access-date=2023-08-31
|last=Goldsmith
|first=Jill
|date=2023-08-31
|work=[[Deadline Hollywood]]
}}</ref> Ma sent letters<ref name=maletter>{{cite web
|url=https://deadline.com/wp-content/uploads/2023/08/Netflix-ICON-Letter-8-30-23.pdf
|title=Re:Urgent Appeal to End Entertainment Industry Strikes
|access-date=2023-08-31
|last=Ma
|first=Fiona
|date=2023-08-31
|work=[[Deadline Hollywood]]
}}</ref>  to [[Netflix]], [[The Walt Disney Company]], [[Comcast]], [[Warner Bros.]] [[Discovery Channel]], [[Apple Inc.]], [[Paramount Global]] and [[Amazon (company)|Amazon]], telling them to return to negotiations and settle the strikes.<ref name="ma">{{cite web |last= |first= |date=2023-08-31 |title=State Treasurer Urges Studios to Bargaining Table with WGA, SAG-AFTRA |url=https://mynewsla.com/hollywood/2023/08/31/state-treasurer-urges-studios-to-bargaining-table-with-wga-sag-aftra/ |access-date=2023-08-31 |work=[[Media_in_Los_Angeles#Daily_newspapers|MyNewsLa]]}}</ref>

===Accusations of impropriety===
In summer of 2021, a former staffer filed a civil rights complaint against Ma, alleging sexual harassment and wrongful termination for declining the harassing behavior.<ref name="PoliticoMays">{{Cite web |last=Mays |first=Mackenzie |title=California State Treasurer accused of sexually harassing former staffer |url=https://www.politico.com/states/california/story/2021/07/20/california-state-treasurer-accused-of-sexually-harassing-former-staffer-9426911|access-date=2022-03-18 |website=POLITICO |date=20 July 2021 |language=en}}</ref> In court filings, Judith Blackwell complained that Ma created a hostile work environment by making overt and unwanted advances while the two shared a hotel room on work trips. Such behavior included exposing her bare rear end to Blackwell on multiple occasions. Ma also gave Blackwell many gifts, such as jewelry, a prime parking spot and marijuana edibles, up until the time she was fired according to Politico.<ref name="PoliticoMays"/> Ma is also accused of accepting inappropriate gifts.<ref>{{cite web|url=https://www.sacbee.com/news/politics-government/capitol-alert/article258397323.html |title=Fiona Ma accepted 'improper gifts' as treasurer, woman who accused her of harassment alleges |accessdate=2022-03-25 |date=2022-02-16 |first1=Sophia |last1=Bollag |work =[[The Sacramento Bee]]}}</ref>

Ma had also shared hotel rooms 13 times with her chief of staff over a two-year period. And while the practice of sharing rooms with subordinates does not violate departmental policy, the situation was criticized. Ma has denied any wrongdoing in her defense against Blackwell and said the sharing of hotel rooms was a cost-saving measure.<ref>{{Cite web |date=September 28, 2021 |title=California treasurer often shared hotel rooms with employees |url=https://www.abc10.com/article/news/local/california-treasurer-sexual-harassment-lawsuit/103-cc22b607-14bd-4605-a36c-26cf094d7f3a |access-date=2022-03-18 |website=abc10.com |language=en-US}}</ref>

== Personal life ==
She is married to Jason Hodge, a [[Ventura County]] firefighter<ref>{{cite news |last1=Ting |first1=Eric |title=The story behind California State Treasurer Fiona Ma's 'gloriously weird' Christmas card |url=https://www.sfgate.com/california-politics/article/Fiona-Ma-Christmas-card-photo-16736052.php |work=SFGate |date=Dec 29, 2021}}</ref> of [[Native Americans in the United States|Native American]] descent<ref>{{cite news|last=Zinko|first=Carolyne|date=2011-11-21|title=It only takes a spark for Fiona Ma, Jason Hodge|work=The San Francisco Chronicle|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/17/LVIK1LS55M.DTL}}</ref> and an Oxnard Port Commissioner with the [[Port of Hueneme]] in Ventura County.<ref>{{cite news|date=December 13, 2019|title=Port of Hueneme closes out 2019 with record 1.65 million cargo tons and 2,201 new jobs|publisher=American Journal of Transportation|url=https://ajot.com/news/article/port-of-hueneme-closes-out-2019-with-record-1.65-million-cargo-tons-and-2201-new-jobs|access-date=13 March 2020}}</ref>

== Electoral history ==
{| class="wikitable" style="font-size:90%; text-align:center;"
! style="background-color:#EAECF0;" rowspan=2| Year
! style="background-color:#EAECF0;" rowspan=2| Office
! style="background-color:#EAECF0;" colspan=2 rowspan=2 | Party
! style="background-color:#EAECF0;" colspan=3 | Primary
! style="background-color:#EAECF0;" colspan=4 | General
! style="background-color:#EAECF0;" rowspan=2 | Result
! style="background-color:#EAECF0;" colspan=2 rowspan=2 | [[Swing (politics)|Swing]]
! style="background-color:#EAECF0;" rowspan=2 | {{abbr|2=Reference|Ref}}.
|-
! style="background-color:#EAECF0;" | Total
! style="background-color:#EAECF0;" | %
! style="background-color:#EAECF0;" | {{abbr|2=Position|P}}.
! style="background-color:#EAECF0;" | Total
! style="background-color:#EAECF0;" | %
! style="background-color:#EAECF0;" | {{tooltip|2=Change in percentage value since previous election|±%}}
! style="background-color:#EAECF0;" | {{abbr|2=Position|P}}.
|-
| style="background-color:#EAECF0;" | [[2002 San Francisco Board of Supervisors election|2002]]
| [[San Francisco Board of Supervisors|San Francisco Supervisor]]
| style="background-color:{{party color|Nonpartisan}};"|
| [[Independent politician|Nonpartisan]]
| 4,259
| 23.56%
| 1st
| 8,289 
| 56.19%
| N/A
| 1st
| {{yes2|Won}}
| style="background-color:{{party color|Independent politician}};"|
| '''N/A'''
| <ref>Primary election:
* {{cite web| url = http://www.sfgov2.org/ftp/uploadedfiles/elections/ElectionsArchives/2002/november/SOV021105.xls| title = November 5, 2002 General Election Summary of Vote| access-date = 2023-06-21| publisher = San Francisco Department of Elections| archive-url = https://web.archive.org/web/20110408230644/http://www.sfgov2.org/ftp/uploadedfiles/elections/ElectionsArchives/2002/november/SOV021105.xls| archive-date = April 8, 2011| url-status = dead}}
General election:
* {{Cite web |year=2002 |title=December 10, 2002 Municipal Run-Off Election Statement of Vote |url=http://www.sfgov2.org/ftp/uploadedfiles/elections/ElectionsArchives/2002/december/SOV021210.xls |access-date=2023-06-21 |publisher=San Francisco Department of Elections |archive-url = https://web.archive.org/web/20110408230642/http://www.sfgov2.org/ftp/uploadedfiles/elections/ElectionsArchives/2002/december/SOV021210.xls| archive-date = April 8, 2011| url-status = dead}}</ref>
|-
| style="background-color:#EAECF0;" | [[2006 California State Assembly election#District 12|2006]]
| rowspan=3 | [[California State Assembly|State Assemblymember]]
| style="background-color:{{party color|Democratic Party (United States)}};"|
| [[Democratic Party (United States)|Democratic]]
| 31,526
| 60.08%
| 1st
| 73,922
| 71.00%
| –6.58%
| 1st
| {{yes2|Won}}
| style="background-color:{{party color|Democratic Party (United States)}};"|
| '''Hold'''
| <ref>Primary election:
* {{cite web| url = http://www.sos.ca.gov/elections/sov/2006-primary/2006_sov.pdf| title = Complete Statement of Vote| access-date = 2023-06-21| publisher = [[Secretary of State of California]]| archive-url = https://web.archive.org/web/20141021000202/http://www.sos.ca.gov/elections/sov/2006-primary/2006_sov.pdf| archive-date = 2014-10-21| url-status = dead}}
General election:
* {{cite web |url=http://www.sos.ca.gov/elections/sov/2006_general/assembly.pdf |title=State Assembly |access-date=2008-07-26 |date=2006-12-16 |publisher=[[Secretary of State of California]] |archive-url=https://web.archive.org/web/20091011025635/http://www.sos.ca.gov/elections/sov/2006_general/assembly.pdf |archive-date=2009-10-11 |url-status=dead }}</ref>
|-
| style="background-color:#EAECF0;" | [[2008 California State Assembly election#District 12|2008]]
| style="background-color:{{party color|Democratic Party (United States)}};"|
| [[Democratic Party (United States)|Democratic]]
| 41,329
| 100.0%
| 1st
| 131,231
| 83.26%
| +12.26%
| 1st
| {{yes2|Won}}
| style="background-color:{{party color|Democratic Party (United States)}};"|
| '''Hold'''
| <ref>Primary election:
* {{cite web| url = http://www.sos.ca.gov/elections/sov/2008-statewide-direct-primary/complete-sov.pdf| title =Complete Statement of Vote| access-date = 2023-06-21| archive-url = https://web.archive.org/web/20141021002534/http://www.sos.ca.gov/elections/sov/2008-statewide-direct-primary/complete-sov.pdf| archive-date = October 21, 2014| url-status = dead}}
General election:
* {{cite web |url=http://www.sos.ca.gov/elections/sov/2008_general/sov_complete.pdf |title=Statement of Vote: November 4, 2008, General Election |date=2008-12-15 |access-date=2009-05-06 |publisher=[[Secretary of State of California]] |archive-url=https://web.archive.org/web/20121018225250/http://www.sos.ca.gov/elections/sov/2008_general/sov_complete.pdf |archive-date=October 18, 2012 |url-status=dead |df=mdy-all }}</ref>
|-
| style="background-color:#EAECF0;" | [[2010 California State Assembly election#District 12|2010]]
| style="background-color:{{party color|Democratic Party (United States)}};"|
| [[Democratic Party (United States)|Democratic]]
| 37,606
| 100.0%
| 1st
| 90,388
| 80.76%
| -2.50%
| 1st
| {{yes2|Won}}
| style="background-color:{{party color|Democratic Party (United States)}};"|
| '''Hold'''
| <ref>Primary election:
* {{cite web| url = http://www.sos.ca.gov/elections/sov/2010-primary/pdf/2010-complete-sov.pdf| title =Statement of Vote June 8, 2010, Statewide direct Primary Election| access-date = 2023-06-21| archive-url = https://web.archive.org/web/20141202170556/http://www.sos.ca.gov/elections/sov/2010-primary/pdf/2010-complete-sov.pdf| archive-date = December 2, 2014| url-status = dead}}
General election:
* {{cite web |url=http://www.sos.ca.gov/elections/sov/2010-general/complete-sov.pdf |title=November 2, 2010 General Election - Statement of Vote / Revised January 6, 2011 |date=2011-01-06 |access-date=2012-11-01 |publisher=[[Secretary of State of California]] |archive-url=https://web.archive.org/web/20140611025242/http://www.sos.ca.gov/elections/sov/2010-general/complete-sov.pdf |archive-date=June 11, 2014 |url-status=dead |df=mdy-all }}</ref>
|-
| style="background-color:#EAECF0;" | [[2014 California elections#Board of Equalization|2014]]
| [[California State Board of Equalization|State Board of Equalization]]
| style="background-color:{{party color|Democratic Party (United States)}};"|
| [[Democratic Party (United States)|Democratic]]
| 876,378
| 68.86%
| 1st
| 1,448,657
| 68.67%
| +25.83%
| 1st
| {{yes2|Won}}
| style="background-color:{{party color|Democratic Party (United States)}};"|
| '''Flip'''
| <ref>Primary election:
* {{Cite web |year=2014 |title=Statement of Vote |url=http://www.sos.ca.gov/elections/sov/2014-primary/pdf/2014-complete-sov.pdf |url-status=dead |archive-url=https://web.archive.org/web/20140804045652/http://www.sos.ca.gov/elections/sov/2014-primary/pdf/2014-complete-sov.pdf |archive-date=2014-08-04 |access-date=2022-11-13 |website=sos.ca.gov |publisher=[[Secretary of State of California]] |page=20 |language=en |publication-place=Sacramento}}
General election:
* {{Cite web |year=2014 |title=Statement of Vote |url=https://elections.cdn.sos.ca.gov/sov/2014-general/pdf/2014-complete-sov.pdf |access-date=2022-11-13 |website=elections.cdn.sos.ca.gov |publisher=[[Secretary of State of California]] |page=6 |language=en |publication-place=Sacramento}}</ref>
|-
| style="background-color:#EAECF0;" | [[2018 California State Treasurer election|2018]]
| rowspan=2 | [[California State Treasurer|State Treasurer]]
| style="background-color:{{party color|Democratic Party (United States)}};"|
| [[Democratic Party (United States)|Democratic]]
| 2,900,606
| 44.54%
| 1st
| 7,825,587
| 64.13%
| +5.32%
| 1st
| {{yes2|Won}}
| style="background-color:{{party color|Democratic Party (United States)}};"|
| '''Hold'''
| <ref>Primary election:
* {{Cite web |year=2018 |title=Statement of Vote |url=https://elections.cdn.sos.ca.gov/sov/2018-primary/sov/2018-complete-sov.pdf |access-date=2022-11-13 |website=elections.cdn.sos.ca.gov |publisher=[[Secretary of State of California]] |page=17 |language=en |publication-place=Sacramento}}
General election:
* {{Cite web |year=2018 |title=Statement of Vote |url=https://elections.cdn.sos.ca.gov/sov/2018-general/sov/2018-complete-sov.pdf |access-date=2022-11-13 |website=elections.cdn.sos.ca.gov |publisher=[[Secretary of State of California]] |page=7 |language=en |publication-place=Sacramento}}</ref>
|-
| style="background-color:#EAECF0;" rowspan=2 | [[2022 California State Treasurer election|2022]]
| style="background-color:{{party color|Democratic Party (United States)}};"|
| [[Democratic Party (United States)|Democratic]]
| 3,903,967
| 57.44%
| 1st
| 6,287,071
| 58.80%
| -5.33%
| 1st
| {{yes2|Won}}
| style="background-color:{{party color|Democratic Party (United States)}};"|
| '''Hold'''
| <ref> Primary election:
* {{Cite web |year=2022 |title=Statement of Vote |url=https://elections.cdn.sos.ca.gov/sov/2022-primary/sov/16-summary.pdf |access-date=2022-11-13 |website=elections.cdn.sos.ca.gov |publisher=[[Secretary of State of California]] |page=17 |language=en |publication-place=Sacramento}}
General election:
{{cite web |title=General Election - Statement of the Vote, November 8, 2022 |url=https://elections.cdn.sos.ca.gov/sov/2022-general/sov/06-summary.pdf |website=California Secretary of State |access-date=December 15, 2022}}</ref>
|}

==Political positions==

=== Business taxes ===
A priority for Ma while on the Board of Equalization was to get everyone to pay "their fair share of taxes", particularly "the $8 billion in unpaid taxes in the [[Black Market|underground economy]]."<ref>{{cite web |title=Fiona Ma, Candidate for State Board of Equalization D2 |url=http://www.smartvoter.org/2014/11/04/ca/state/vote/ma_f/ |website=smartvoter.org |publisher=Smart Voter |access-date=23 July 2018}}</ref> This included efforts to get [[Amazon (company)|Amazon]] to collect sales tax on transactions from [[Amazon Marketplace|third-party sellers]] as a way of helping local [[brick and mortar|brick-and-mortar]] retailers to compete<ref>{{cite news |last1=Ashton |first1=Adam |last2=Chen |first2=Caitlin |title=Online sales tax ruling could bring 'hundreds of millions of dollars' to California |url=https://www.sacbee.com/news/politics-government/the-state-worker/article214098319.html |archive-url=https://web.archive.org/web/20180723064537/https://www.sacbee.com/news/politics-government/the-state-worker/article214098319.html |url-status=dead |archive-date=July 23, 2018 |access-date=23 July 2018 |publisher=The Sacramento Bee |date=July 2, 2018}}</ref> – estimated at between $431 million and $1.8 billion in new revenue for California every year.<ref name="AmazonTax" />
In her first year, Ma also advocated for [[electronic cigarette|e-cigarettes]] to be taxed like tobacco products, as a way to deter vaping and smoking, and to pay for health-costs caused by tobacco use.<ref>{{cite news |title=Idea Of Taxing E-Cigarettes Like Tobacco Gets Key Support |url=https://sanfrancisco.cbslocal.com/2015/03/31/state-lawmakers-consider-taxing-e-cigarettes-similar-to-tobacco/ |access-date=23 July 2018 |publisher=KCBS News |date=March 31, 2015}}</ref> Two years later in 2017, voters passed [[California Proposition 56 (2016)|Prop. 56]] with a nearly 2/3 majority, collecting $1.7 billion in new tobacco taxes which was spent on anti-smoking programs and funding [[Medi-Cal]] payments for the poor.<ref>{{cite news |last1=Mason |first1=Melanie |last2=Myers |first2=John |title=With a deadline looming, there's a deal between Gov. Jerry Brown and lawmakers on a new state budget |url=https://www.latimes.com/politics/la-pol-sac-california-budget-agreement-20170613-story.html |access-date=23 July 2018 |work=Los Angeles Times |date=June 13, 2017}}</ref>
Ma also identified the [[cannabis industry]] as "the largest shadow economy in California"<ref>{{cite news |last1=Chiang |first1=Treasurer |title=Cannabis Banking Tales of Risks Take Center Stage at Capitol Meeting of Industries and Public Agencies |url=https://yubanet.com/california/cannabis-banking-tales-of-risks-take-center-stage-at-capitol-meeting-of-industries-and-public-agencies/ |access-date=23 July 2018 |publisher=Yubanet.com |date=December 20, 2016}}</ref> with "hundreds of millions of dollars that disappear into an underground cannabis economy".<ref>{{cite news |last1=Ma |first1=Fiona |title=Banking the Unbanked: A Win-Win Proposition |url=https://www.huffingtonpost.com/fiona-ma/banking-the-unbanked-a-wi_b_7935762.html |access-date=23 July 2018 |publisher=Huffington Post |date=August 4, 2015}}</ref>

=== Tax relief for citizens and small business ===
After 2015's [[Valley Fire]], Ma  proposed a new law<ref>{{cite news |last1=News Reports |first1=Lake County |title=Board of Equalization Member Fiona Ma tours wildfire damage in Lake County |url=http://www.lakeconews.com/index.php?option=com_content&view=article&id=43498:board-of-equalization-member-fiona-ma-tours-wildfire-damage-in-lake-county&catid=1:latest&Itemid=197 |access-date=23 July 2018 |publisher=Lake County News |date=September 22, 2015}}</ref> (enacted the following year)<ref>{{cite news |last1=News Reports |first1=Lake County |title=Dodd's tax relief bill for disaster victims signed into law |url=http://www.lakeconews.com/index.php?option=com_content&view=article&id=47802:dodds-tax-relief-bill-for-disaster-victims-signed-into-law&catid=1:latest&Itemid=197 |access-date=23 July 2018 |publisher=Lake County News |date=September 10, 2016}}</ref> that granted some tax relief to businesses that suffer losses from a [[natural disaster]] like the Valley Fire.<ref>{{cite news |title=Tax relief available for wildfire survivors |url=https://www.thepress.net/news/tax-relief-available-for-wildfire-survivors/article_b2b9f3e2-b8d4-11e7-95a0-172246a0fe63.html |access-date=23 July 2018 |publisher=The Brentwood Press |date=October 24, 2017}}</ref> 
Ma has also actively supported California's Earned Income Tax Credit to give cash back to low-income individuals,<ref>{{cite news |last1=Ma |first1=Fiona |title=Earn It, Keep It, Save It |url=https://www.huffingtonpost.com/fiona-ma/earn-it-keep-it-save-it_b_9705490.html |access-date=23 July 2018 |publisher=Huffington Post |date=April 18, 2016}}</ref> and promoted expansion of the program to minimum wage earners<ref>{{cite news |last1=Ma |first1=Fiona |title=California Must Do More to Help Working Families |url=https://www.huffingtonpost.com/entry/california-must-do-more-to-help-working-families_us_588bd615e4b0cd25e49048bc?timestamp=1485562635705 |access-date=23 July 2018 |publisher=Huffington Post |date=January 27, 2017}}</ref> and [[independent contractor]]s.<ref>{{cite news |last1=Ma |first1=Fiona |title=Reward work — offer tax credit to '1099 workers' |url=https://fionama.com/news/2016/reward-work-offer-tax-credit-to-1099-workers |access-date=23 July 2018 |publisher=San Francisco Chronicle |date=June 3, 2016}}</ref>

=== Clean government reforms ===
Within months of joining the Board of Equalization, Ma became "very, very frustrated" with the agency's fiscal conditions and mishandling of state tax accounts.<ref>{{cite news |title=California SBOE Audit Leads to Senior Staff Changes |url=https://fionama.com/news/2015/california-sboe-audit-leads-to-senior-staff-changes |access-date=23 July 2018 |publisher=Bloomberg BNA |date=November 23, 2015}}</ref> She initiated three external audits of the agency.<ref>{{cite news |title=California Legislature Passes Sweeping BOE Tax Reform |url=https://fionama.com/news/2017/california-legislature-passes-sweeping-boe-tax-reform |access-date=23 July 2018 |publisher=Office of Fiona Ma |date=June 16, 2017}}</ref> The audits exposed a culture of mismanagement, [[nepotism]] and political use of state resources.<ref>{{cite news |last1=Ashton |first1=Adam |title=Here's the audit shaking up the Board of Equalization |url=https://www.sacbee.com/news/politics-government/the-state-worker/article142026614.html |access-date=23 July 2018 |publisher=The Sacramento Bee |date=March 31, 2017}}</ref> Ma co-sponsored legislation to toughen campaign reporting requirements for BOE members.<ref>{{cite news |last1=New Staff |first1=The Democrat |title=New legislation to change state campaign finance and reporting |url=http://www.dailydemocrat.com/article/NI/20160210/NEWS/160219990 |access-date=23 July 2018 |publisher=Daily Democrat |date=February 10, 2016}}</ref> She then led the effort to ask the Governor to appoint a public trustee to take over the agency,<ref>{{cite web |last1=Ma |first1=Fiona |title=Request for Public Trustee to Oversee the California Board of Equalization |url=https://www.boe.ca.gov/ma/legislation/PublicTrustee.pdf |website=boe.ca.gov |publisher=California Board of Equalization |access-date=31 July 2018 |archive-date=20 December 2017 |archive-url=https://web.archive.org/web/20171220023121/https://www.boe.ca.gov/ma/legislation/PublicTrustee.pdf |url-status=dead }}</ref> and called on [[Attorney General of California|CA Attorney General]] [[Xavier Becerra]] to assign independent legal counsel for the agency.<ref>{{cite news |last1=Ashton |first1=Adam |title=Troubled tax board needs appointed chief counsel, member says |url=https://www.sacbee.com/news/politics-government/the-state-worker/article147419779.html |access-date=31 July 2018 |publisher=The Sacramento Bee |date=April 28, 2017}}</ref> Ma laid out a list of reforms<ref>{{cite web |last1=Ma |first1=Fiona |title=Necessary Reforms at SBOE to Restore Public Trust |url=https://www.boe.ca.gov/ma/legislation/RestorePublicTrust.pdf |website=boe.ca.gov |publisher=California Board of Equalization |access-date=31 July 2018 |archive-date=20 December 2017 |archive-url=https://web.archive.org/web/20171220023120/https://www.boe.ca.gov/ma/legislation/RestorePublicTrust.pdf |url-status=dead }}</ref> which was incorporated into the "Taxpayer Transparency and Fairness Act of 2017",<ref>{{cite web |last1=Committee on Budget & Fiscal Review |title=SB-86 The Taxpayer Transparency and Fairness Act of 2017 |url=https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB86 |website=legislature.ca.gov |publisher=California Legislative Information |access-date=31 July 2018}}</ref> the biggest restructuring of the Board of Equalization in its 138-year history.<ref>{{cite news |last1=McGreevy |first1=Patrick |title=In massive shakeup, Gov. Jerry Brown breaks up California's scandal-plagued tax collection agency |url=https://www.latimes.com/politics/la-pol-ca-tax-board-overhaul-20170627-story.html |access-date=23 July 2018 |work=Los Angeles Times |date=June 27, 2017}}</ref> The law was signed by [[Governor of California|Governor]] [[Jerry Brown]] in June 2017 and supported by [[California State Assembly|Assembly Speaker]] [[Anthony Rendon (politician)|Anthony Rendon]], [[President pro tempore of the California State Senate|Senate President]] [[Kevin de León]], and former BOE member [[California State Controller|Controller]] [[Betty Yee]].<ref>{{cite news |last1=Ashton |first1=Adam |title=It took almost 90 years, but lawmakers voted to gut California's tax board |url=https://www.sacbee.com/news/politics-government/the-state-worker/article156475874.html |access-date=23 July 2018 |publisher=The Sacramento Bee |date=June 15, 2017}}</ref>

=== Women and diversity ===
In 2016, she received [[Emerge California]]'s Woman of the Year Award<ref>{{cite web |title=BOARD OF EQUALIZATION CHAIR FIONA MA TO RECEIVE 2016 WOMAN OF THE YEAR AWARD AT SF ANNUAL RECEPTION |url=https://emergeca.ngpvanhost.com/news/board-equalization-chair-fiona-ma-receive-2016-woman-year-award-sf-annual-reception |website=emergeca.ngpvanhost.com |publisher=Emerge California |access-date=23 July 2018 }}{{Dead link|date=August 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> and was a speaker at the Ascend Conference, the largest non-profit Pan-Asian business conference in America.<ref>{{cite web |title=2016 National Convention & Career Fair Speakers |url=https://www.ascendleadership.org/mpage/Conv2016Speakers |website=ascendleadership.org |publisher=Ascend, Pan-Asian Leaders |access-date=23 July 2018 |archive-date=23 July 2018 |archive-url=https://web.archive.org/web/20180723064131/https://www.ascendleadership.org/mpage/Conv2016Speakers |url-status=dead }}</ref> Among her many other activities, Ma also celebrated [[Women's Equality Day]] at the [[List of museums in the North Coast (California)|Kelley House]] in [[Mendocino County, California|Mendocino]]<ref>{{cite news |title=Women's Equality Day celebration at Kelley House |url=http://www.ukiahdailyjournal.com/lifestyle/20150812/womens-equality-day-celebration-at-kelley-house |access-date=23 July 2018 |publisher=The Ukiah Daily Journal |date=August 12, 2015}}</ref> and spoke to students at the Future Chinese Leaders of America in [[Los Angeles]].<ref>{{cite news |last1=Administrator |title=Fiona Ma meeting with Southern California Chinese American Youth |url=http://lapost.us/?p=3405 |access-date=23 July 2018 |publisher=The Los Angeles Post |date=July 31, 2017}}</ref>

=== Requiring consent to plastinate a corpse ===
On February 23, 2007, Ma introduced a bill requiring commercial exhibitors of [[plastination|plastinated]] corpses to obtain a county permit, which would be dependent on proof of consent from the decedent or next of kin.<ref>{{Cite web|url=http://www.latimes.com/business/la-fi-corpse25jan25,0,2070702.story|title=Cadaver exhibit: Who said OK? - Los Angeles Times|website=[[Los Angeles Times]]|date=January 29, 2008|archive-url=https://web.archive.org/web/20080129210804/http://www.latimes.com/business/la-fi-corpse25jan25,0,2070702.story|archive-date=2008-01-29}}</ref> It passed the Senate on August 15, 2008 and was vetoed by Governor [[Arnold Schwarzenegger]] on September 26, citing a budget delay.<ref>{{Cite web|url=http://www.leginfo.ca.gov/pub/07-08/bill/asm/ab_1501-1550/ab_1519_vt_20080926.html|title=AB 1519 Assembly Bill - Veto|website=www.leginfo.ca.gov}}</ref>

=== Banning toxic chemicals ===
Ma has passed legislation banning some chemicals in plastics and children's toys. As a Supervisor in San Francisco, she authored and passed an ordinance to "prohibit the manufacture, sale, or distribution in commerce of any toy or child-care article…if it contains bisphenol-A or other specified chemicals." As a California State Legislator she passed a similar bill. This language was later used by Senator Dianne Feinstein in the federal Consumer Product Safety Improvement Act of 2008, signed into law in 2008.<ref name="ReferenceA">Slow Death by Rubber Duck: How the Toxic Chemistry of Everyday Life Affects Our Health; Rick Smith, Bruce Lourie Random House Digital, Inc,2010</ref>

== References ==
{{Reflist|2}}

==External links==
{{commons category}}
{{Portal|San Francisco Bay Area}}
*[https://www.treasurer.ca.gov/ Government website]
*[http://www.fionama.com/ Campaign website]
*{{C-SPAN|71451}}
{{CongLinks|votesmart=58414}}
*[http://www.sfhepbfree.org San Francisco Hep B Free campaign]

{{s-start}}
{{s-par|us-ca-hs}}
{{s-bef|before=[[Lori Saldaña]]}}
{{s-ttl|title=Speaker pro tempore of the [[California State Assembly|California Assembly]]|years=2010–2012}}
{{s-aft|after=[[Nora Campos]]}}
|-
{{s-off}}
{{s-bef|before=[[John Chiang (California politician)|John Chiang]]}}
{{s-ttl|title=[[California State Treasurer|Treasurer of California]]|years=2019–present}}
{{s-inc}}
{{s-end}}

{{Current California statewide political officials}}
{{U.S. State Treasurers}}
{{Authority control}}

{{DEFAULTSORT:Ma, Fiona}}
[[Category:1966 births]]
[[Category:21st-century American women politicians]]
[[Category:21st-century members of the California State Legislature]]
[[Category:American accountants]]
[[Category:American women accountants]]
[[Category:American women of Chinese descent in politics]]
[[Category:American women of Taiwanese descent in politics]]
[[Category:Asian-American state legislators in California]]
[[Category:Bai people]]
[[Category:California politicians of Chinese descent]]
[[Category:City council members of Asian descent]]
[[Category:Democratic Party members of the California State Assembly]]
[[Category:Democratic Party state constitutional officers of California]]
[[Category:Golden Gate University alumni]]
[[Category:John L. Miller Great Neck North High School alumni]]
[[Category:Living people]]
[[Category:Pepperdine University alumni]]
[[Category:Politicians from New York City]]
[[Category:Rochester Institute of Technology alumni]]
[[Category:San Francisco Board of Supervisors members]]
[[Category:State treasurers of California]]
[[Category:Women city councillors in California]]
[[Category:Women state legislators in California]]