The California State Treasurer is an elected official responsible for managing the state's finances. This role includes overseeing investments, issuing bonds, and ensuring the proper handling of public funds. The Treasurer also plays a key role in financial planning and policy development for the state. In addition to managing state funds, the California State Treasurer works to promote financial literacy and economic development. The office collaborates with various agencies to support programs that benefit Californians, such as affordable housing initiatives and college savings plans.