Arizona – State Financial Officers Foundation

About

Kimberly Yee has served as state treasurer of Arizona since 2019 and is next up for reelection in 2026. Before being elected treasurer, she served as an Arizona state senator from 2013–19, as Senate majority leader from 2017–19, and as a state representative from 2011–13. While leading the Senate, she was a member of the American Legislative Exchange Council and was active on its Tax and Fiscal Policy task force.

Prior to elected office, Yee worked in the administrations of two past governors and in the administration of former Arizona State Treasurer Dean Martin. In May 2021, she announced her candidacy for governor of Arizona but withdrew from the GOP primary in January 2022 to run for reelection as treasurer instead. Yee is the highest-ranking Republican woman to hold statewide elected office in Arizona and is also the first Chinese-American Republican woman to win a statewide office in the U.S.

Actions

Signed SFOF-organized, anti-Diversity, Equity, and Inclusion (DEI) letter to Fortune 1000 Executives (10/24/24)
Signed State Financial Officers Foundation (SFOF) organized resolution supporting Israel’s genocide in Gaza and committing to invest in SFOF bronze-sponsor Israel Bonds despite “Moodys and Standard and Poors (S&P) have[ing] recently downgraded Israel’s credit score, citing a negative outlook on Israel’s economy (5/14/24)
Signed an Advancing American Freedom coalition letter to leaders in the U.S. House of Representatives demanding that “The Woke 401(k) Rule Must Be Repealed” (3/28/23)
Signed an Advancing American Freedom coalition letter to Congress asking it to “overturn the Biden administration’s dangerous ESG rule through the Congressional Review Act” (2/7/23)
Oversaw the divestment of $543 million in state funds from BlackRock in 2022 due to its “social issues and wokeism inside of the investment space” (12/08/22)
Announced a newly adopted investment policy statement that “protects taxpayer dollars from ESG policies” (8/30/22)
Signed a letter to Morningstar asking the company to stop its negative ratings of firms connected to Israel (8/25/22)
Signed a letter to the Securities and Exchange Commission (SEC) opposing its proposed rule titled The Enhancement and Standardization of Climate-Related Disclosures for Investors (6/17/22)
Signed the SFOF letter opposing the FDIC proposed principles on climate-related financial risk management for large financial institutions (6/3/22)
Signed a letter to the Department of Labor opposing possible agency actions to protect life savings and pensions from threats of climate-related financial risk (5/16/22)
Signed a comment letter to the Municipal Securities Rulemaking Board regarding ESG practices in the municipal securities market (3/8/22)
Signed a letter opposing the proposed Department of Labor rule change entitled Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights (12/13/21)
Signed letter to banking industry warning that state financial officers “will be taking collective action in response to the ongoing and growing economic boycott of traditional energy production industries by U.S. financial institutions.” (11/22/21)
Signed letter to John Kerry expressing “deep concern with recent reports” that the Biden administration is “privately pressuring U.S. banks and financial institutions to refuse to lend to or invest in coal, oil, and natural gas companies.” (5/25/21)
Signed an SFOF letter urging President Biden to withdraw his nomination of Sarah Bloom Raskin as vice chair for supervision at the Federal Reserve for her “radical banking and economic views” that would “disrupt the private banking sector, reliable energy supplies, and the U.S. economy” (1/31/21)

Latest Campaign Filings

Statements of Financial Interests

Contact Information

Office of the State Treasurer Arizona
1700 West Washington Street
Phoenix, AZ 85007
Website: aztreasury.gov/
Phone: (602) 542-7800
Email: NA