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Let’s Find Common Ground

Election R&D Dialogues: Special Guest John Chiang

Jul 24, 2020
57:09

John Chiang, former California State Treasurer and Fall 2020 Fellow at the USC Dornsife Center for the Political Future, joins co-directors Bob Shrum and Mike Murphy to discuss his career in politics, the pandemic’s lasting economic impact on California, and its implications for the November election and beyond.

Chiang served as California’s 33rd State Treasurer until 2019. As the state’s banker, he oversaw trillions of dollars in annual transactions, managed a $75 billion investment portfolio, and was the nation’s largest issuer of municipal bonds.

As State Controller during the Great Recession, his cash management decisions were instrumental in keeping California’s credit rating from plunging into junk status, and his actions saved taxpayers millions of dollars. Chiang aggressively used his audit programs to identify more than $9.5 billion of fraud, waste and abuse in government programs, the most by any Controller in California’s history.

He serves on several boards and will be teaching a course in the fall titled, “From Financial Crisis to COVID-19: California Policy Responses to the Financial Fallout” with the USC Center for the Political Future.

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