State Treasurer Fiona Ma Backs CalAccount

State Treasurer Fiona Ma supports CalAccount, recognizing its feasibility and urgent need. CalAccount is essential to protect Californians from predatory financial practices, offering everyone a fair shot at building wealth and breaking the cycle of poverty. We look forward to working with the Legislature to make this program a reality.

“In summary, a CalAccount program is, indeed, feasible. We also received a massive outpouring of public support for implementing a CalAccount program, which mirror feedback collected from throughout the state during the last six months. 

… But hearing over-and-over again these real and raw, first-hand experiences make it clear as day that the time is now for a CalAccount program and that this simple program could make a lasting impact in helping Californians build wealth and end inter-generation poverty.” – California State Treasurer, Fiona Ma