/ October 27, 2021

EARLY FUNDRAISING HAUL FOR LANHEE CHEN’S CALIFORNIA CONTROLLER CAMPAIGN

Press Release For Immediate Release: Oct. 27, 2021

Early Fundraising Haul for Lanhee Chen’s California Controller Campaign

Mountain View, Calif. – Lanhee Chen (@lanheechen), a Republican candidate for California State Controller and one of America’s leading fiscal policy experts, has raised more than $1 million since launching his campaign in July. His campaign has banked over 90% of what he has raised, leaving it with a strong cash-on-hand position looking ahead.

Here are some highlights: Total raised: $1,002,980 Cash on hand: $938,771 Total donors: 307, including: Jerry Yang (Co-founder and former CEO of Yahoo) Steve Poizner (Entrepreneur and former CA Insurance Commissioner) John Chambers (Former Chairman/CEO of Cisco). Primary election funds: $734,280 General election funds: $268,700 ”I’m humbled and encouraged by the support my campaign has earned from supporters across the political spectrum,” Chen said. “We are well on our way to building a campaign that can win in 2022 by making the case for change in California. I will bring transparency, accountability, and independence to the Controller’s office and bring much needed fiscal oversight to our state government. While Sacramento politicians continue to kick the can down the road on the over $20 billion in EDD fraud and other government waste and mismanagement, I will focus on solving current problems and preventing future ones.”

Chen is a fellow at the Hoover Institution and the Director of Domestic Policy Studies and a Lecturer in Public Policy at Stanford University. He also serves as Chair of the Board of Directors at El Camino Health and owns his own small business.

Chen is a leading policy figure whose ideas have appeared in major American newspapers and been shared on leading television networks in the US and around the world. He has helped leaders in California and across America develop solutions to address some of country’s most pressing fiscal problems—like improving the health care system, saving Social Security, and growing our economy.

After earning four degrees from Harvard, including a law degree and doctorate in political science, Chen served in both Republican and Democratic presidential administrations. He has been as an adviser to four Republican presidential campaigns. Chen was unanimously confirmed by the United States Senate to serve as a member of the bipartisan and independent Social Security Advisory Board.