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Former Oakland Mayor Libby Schaaf has announced that she is running for California state treasurer in 2026. Schaaf, a Democrat who served as Oakland Mayor from 2015 until she was termed out in 2023, is the first candidate to enter the race.

Schaaf, who led Oakland from 2015 to 2023, said that as mayor she oversaw the city’s $3 billion public budget and has experience in responsible fiscal management. If elected, she said she plans to improve public infrastructure and educational opportunities, as well as tackling climate goals and the state’s housing crisis.

Former Oakland Mayor Libby Schaaf said she plans to run for state treasurer in 2026, vowing to simplify how California uses public funds to combat homelessness and build affordable housing.

Libby Schaaf enters the race with unmatched experience as a public sector executive known for her fiscal responsibility, creative problem solving, and willingness to fight for California’s most marginalized communities. 

Oakland’s former mayor was named interim executive director at Emerge California, an incubator for women leaders in the Democratic Party.

Outgoing Oakland Mayor Libby Schaaf touted the expansion of affordable preschool for the city’s children most in need of it, in her final news conference on Wednesday.

Oakland Mayor Libby Schaaf on Wednesday rolled out the city's universal preschool initiative – one of her last acts before leaving office in less than two weeks.

Oakland Mayor Libby Schaaf pledged Monday to house 1,500 homeless residents and build 132 new units of permanent affordable housing in 16 months.

Libby Schaaf’s career—first as an attorney, then running a nonprofit, and now as mayor of Oakland—is the journey of a cross-sector leader.