The 2024 Oregon State Treasurer election was held on November 5, 2024, to elect the Oregon state treasurer. Incumbent Democratic state treasurer Tobias Read is term-limited and cannot seek re-election to a third term in office; he is instead running for Secretary of State.[1]

Primary elections took place May 21, 2024.[2] On November 5, 2024, state senator Elizabeth Steiner defeated state senator Brian Boquist in the general election, becoming the first woman to serve as state treasurer.[3]

Democratic primary

Candidates

Nominee

Eliminated in primary

  • Jeff Gudman, former Lake Oswego city councilor (2013–2020) and Republican nominee for state treasurer in 2016 and 2020[5]

Declined

Endorsements

Jeff Gudman

Newspapers

Results

Results by county[14]
Steiner
  •   60–70%
  •   70–80%
  •   80–90%
Democratic primary results[15]
Party Candidate Votes %
Democratic Elizabeth Steiner 335,079 78.48%
Democratic Jeff Gudman 89,459 20.95%
Democratic Miscellaneous 2,418 0.57%
Total votes 426,956 100.00%

Republican primary

Candidates

Nominee

Withdrawn

  • Nathan Sandvig, renewable energy developer[16]

Results

Republican primary results[15]
Party Candidate Votes %
Republican Brian Boquist 251,064 98.85%
Republican Miscellaneous 2,914 1.15%
Total votes 253,978 100.00%

General election

Endorsements

Elizabeth Steiner (D)

Polling

Poll source Date(s)
administered
Sample
size[a]
Margin
of error
Elizabeth
Steiner
Democratic
Brian
Boquist
Republican
Mary
King
Working Families
Undecided
Public Policy Polling (D)[19][A] October 16–17, 2024 716 (LV) ± 3.7% 42% 37% 4% 16%

Results

King's results by county:
  King—8.75–10.0%
  King—7.50–8.75%
  King—6.25–7.50%
  King—5.00–6.25%
  King—3.75–5.00%

Steiner won a plurality of the votes, securing nine out of Oregon's 36 counties[20] She performed the best in the state's most populous Multnomah County,[21] home to Oregon's largest city, Portland, with 71.7% of the vote. The county was also where King, a third-party challenger,[22] did the best, with 9.6% of the vote. Conversely, Boquist performed best in the rural[23] Lake County, earning 81.8% of the vote.[24] Steiner became the first woman to be elected as Oregon's state treasurer.[25]

2024 Oregon State Treasurer election[26]
Party Candidate Votes % ±%
Democratic Elizabeth Steiner 1,050,119 49.36% –2.32%
Republican Brian Boquist 919,794 43.24% +1.74%
Working Families Mary King 155,473 7.31% N/A
Write-in 1,882 0.09%
Total votes 2,127,268 100.0%
Democratic hold

See also

Notes

  1. ^ Key:
    A – all adults
    RV – registered voters
    LV – likely voters
    V – unclear

Partisan clients

  1. ^ This poll was sponsored by the Northwest Progressive Institute

References

  1. ^ Shumway, Julia (July 24, 2023). "Oregon state Treasurer Read prepares to enter secretary of state race". Oregon Capital Chronicle. Retrieved August 9, 2023.
  2. ^ "Oregon elections, 2024". Ballotpedia. Retrieved August 9, 2023.
  3. ^ Rogoway, Mike (November 6, 2024). "Elizabeth Steiner wins Oregon treasurer's race". OregonLive. Retrieved November 6, 2024.
  4. ^ VanderHart, Dirk (September 13, 2023). "One of Oregon's top budget writers wants to be state treasurer". Oregon Public Broadcasting. Retrieved September 13, 2023.
  5. ^ Buchanan, Correy (October 13, 2023). "Jeff Gudman runs for state treasurer again, this time as a Democrat". YourOregonNews.com. Retrieved October 16, 2023.
  6. ^ Baumhardt, Alex (March 4, 2024). "Ashland Sen. Jeff Golden announces he will not run for state treasurer, will remain in Senate". Oregon Capital Chronicle. Retrieved March 5, 2024.
  7. ^ "Editorial endorsement May 2024: Jeff Gudman is Democrats' best choice for treasurer". The Oregonian/OregonLive. April 17, 2024. Retrieved April 20, 2024.
  8. ^ "Basic Rights Oregon Endorsements". Basic Rights Oregon. Retrieved May 16, 2024.
  9. ^ "2024: Oregon Statewide Elections". Oregon Education Association. Archived from the original on April 20, 2024. Retrieved March 18, 2024.
  10. ^ "Voters, Mark Your Ballots – Eugene Weekly". eugeneweekly.com. Retrieved May 17, 2024.
  11. ^ "Mercury May 2024 Primary Election Endorsements: State Races". Portland Mercury. May 3, 2024. Retrieved May 6, 2024.
  12. ^ "The Skanner News May 2024 Primary Endorsements". The Skanner News. Retrieved May 17, 2024.
  13. ^ "WW's May 2024 Endorsements: Statewide". Willamette Week. May 1, 2024. Retrieved May 1, 2024.
  14. ^ "May 21, 2024, Primary Election Abstract of Votes" (PDF). Oregon Secretary of State. Oregon Secretary of State. Retrieved January 12, 2025.
  15. ^ a b "May 21, 2024, Primary Election Abstract of Votes" (PDF). Oregon Secretary of State. Retrieved August 5, 2024.
  16. ^ a b Baumhardt, Alex (March 12, 2024). "Republican Sen. Brian Boquist, barred from running for Senate, seeks state treasurer job". Oregon Capital Chronicle. Retrieved March 13, 2024.
  17. ^ "Editorial endorsement November 2024: Elizabeth Steiner is voters' best pick for treasurer". The Oregonian. September 25, 2024. Retrieved October 16, 2024.
  18. ^ "WW's Fall 2024 Endorsements: Statewide". Willamette Week. October 16, 2024. Retrieved October 16, 2024.
  19. ^ Villeneuve, Andrew (October 25, 2024). "Democrat Elizabeth Steiner has a five point lead over Brian Boquist for Oregon State Treasurer". Northwest Progressive Institute.
  20. ^ "Oregon Counties". oregon.gov. Retrieved January 10, 2025.
  21. ^ Carney, Kristen. "Oregon Counties by Population (2025)". Oregon Demographics. Retrieved January 10, 2025.
  22. ^ "Mary King Launches Oregon WFP-Backed Campaign for State Treasurer". Working Families Party. Retrieved January 10, 2025.
  23. ^ Diehl, Caleb (November 14, 2018). "Rural county stakes future on renewable energy". Oregon Business. Retrieved January 10, 2025.
  24. ^ Baumhardt, Alex (November 5, 2024). "Democrat Elizabeth Steiner declares victory in Oregon treasurer race". Oregon Capital Chronicle. Retrieved January 10, 2025.
  25. ^ "Elizabeth Steiner wins Oregon treasurer's race". Oregon Live. November 5, 2024. Retrieved January 10, 2025.
  26. ^ "November 5, 2024, General Election Abstract of Votes" (PDF). Oregon SOS. December 12, 2024. Retrieved December 12, 2024.
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