Eleni Kounalakis has decided to drop out of the race for California governor in 2026, opting instead to run for the position of State Treasurer. She believes that focusing on California's financial future will allow her to make a significant impact. Kounalakis emphasized her commitment to fiscal responsibility and making housing more affordable in the state. She has received endorsements and has been part of the governor's race since 2023. Her exit may shift support and funding towards other candidates in the race, notably Katie Porter.
Kounalakis stated, "This decision was not made lightly. At this moment, I believe I can make the greatest impact by focusing on California's financial future."
Kounalakis aims to bring a "deep commitment to fiscal responsibility, economic opportunity and strategic investment in our state's priorities," particularly in addressing California's high housing costs.
#eleni-kounalakis #california-governor-race #state-treasurer #housing-affordability #political-campaigns
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