Republican state Sen. David Livingston has announced that he is running for Arizona treasurer, making him the first person from any party to enter the race.
Livingston “views the job as maximizing returns for the benefit of taxpayers and schools,” said Constantin Querard, a campaign spokesperson.
“That means hiring and keeping professionals, ensuring that financial decisions are sound and continuing the good work that our last several treasurers have done,” Querard said.
The treasurer is responsible for the state’s banking and investment management, helps local governments with investing and manages the Permanent Land Endowment, which stands at around $7.5 billion as of April.
Currently chair of the Senate Finance Committee, Livingston joined the Senate in 2018 after representing District 22 in the House for six years. The district covers a large portion of the northwest Valley.
Livingston entered politics in 2012 when he was elected as a state representative for the same district, running on a campaign that promoted protecting taxpayers, small businesses and public education funding. He identifies as a proud conservative, supporting anti-abortion, pro-gun and pro-school choice policies.
After winning reelection in 2014, Livingston was selected as the Republican majority whip for the following year.
Livingston is heavily involved in insurance policy at the Legislature. He sponsored the bill in 2019 to consolidate the state’s insurance industry watchdog, the Department of Insurance, with the Department of Financial Institutions and the Automobile Theft Authority.
Prior to politics, Livingston earned a finance degree from Arizona State University in 1988. After graduation, he joined Ameriprise Financial, Inc. where he worked as a financial advisor for two decades.
Livingston’s bid for treasurer comes a few months after incumbent Treasurer Kimberly Yee announced her intention to join the race for governor. The office was a launching pad for Gov. Doug Ducey, who served as treasurer for one term before he was elected governor in 2014.
Lacey Latch is a Pulliam Fellow with The Arizona Republic’s news team. You can reach her via email at email@example.com or on Twitter @laceylatch.
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