Design for a political campaign showing the name 'Serpa' in large gold letters, with the subtitle 'California State Treasurer' in smaller gold letters underneath, a star between two lines, and a gold bear at the bottom.

Across republics — from Rome to America — treasuries collapse before governments do.”

the Platform

  • Stop adding unproductive debt.

    Historical logic:

    Treasurers emerged to protect the public purse from rulers, legislatures, and creditors alike, not to enable unchecked expansion.

  • Pull money from risky or profiteering financial arrangements.

    Historic parallel:

    Public treasuries were created precisely because private banking interests once captured sovereign finances.

  • Redirect to core citizen needs like housing, water, energy, schools, healthcare, and infrastructure.

    Key principle:

    The Treasurer is a benefactor-steward, not a profit-maximizer.

  • Cut waste, interest costs, fees, and hidden drivers of higher living expenses.

    Historical function:

    Treasury offices were built to lower the cost of government, not disguise it.

  • Shut down inefficient programs and opaque financing.

    Institutional truth:

    Transparency is not a moral preference — it is a credit-worthiness requirement.

  • Restore taxpayer control, transparency, and intergenerational fairness.

    Foundational idea:

    A treasury exists to serve the people’s life, liberty, and pursuit of happiness indirectly — by refusing to mortgage it away.

A detailed illustration of a bear walking on all fours with a golden fur coat.