This explainer was originally published by our news partners CalMatters. Be prepared for California’s midterms: Sign up for CalMatters' free election newsletter and be the first to know when they update the CalMatters 2026 Voter Guide with information on key races.
What does a State Controller do?
California’s controller serves as the state’s chief accountant, overseeing spending in a state that makes up one of the world’s largest economies. Whoever is elected will be in charge of auditing the state’s finances and paying government employees.
The candidates
| Malia M. Cohen |
Professional background: State controller (incumbent)
Cohen has served as California’s controller since 2023 and is running for re-election. She’s campaigning on a promise to govern the state’s finances with “transparency, efficiency and fairness.” In recent months, as the governor and legislators hashed out a budget deal, Cohen has been urging them to spend with caution.
CalMatters
| Herb W. Morgan |
Professional background: Chief investment officer
Morgan is running on the promise of exposing fraud in government at a time when the Trump administration also is leveling fraud accusations against California. Morgan founded an investment firm in San Diego that was later acquired by Cantor Fitzgerald Investment Advisors.
- California Republican Party
- California Republican Assembly
- Unity Party of California