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Foggy Frontier | Est. 2025
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Political Tea: Lt. Gov. Drops Governor's Race Faster Than Your Startup's Valuation

Mayor Garcetti meeting with Lieutenant Governor Eleni Kounalakis

In a plot twist that’s got California’s political scene buzzing, Lt. Gov. Eleni Kounalakis just pulled the ultimate career pivot - dropping out of the 2026 governor’s race and setting her sights on the state treasurer’s position. Talk about a strategic career move that would make any Silicon Valley exec proud.

The Political Chess Game

Kounalakis, who’s been in the gubernatorial race longer than most tech startups survive, made the announcement that she’ll instead run for treasurer. Her reasoning? “At this moment, I believe I can make the greatest impact by focusing on California’s financial future,” which sounds like startup pitch deck language if we’ve ever heard it.

The New Frontrunner

With her exit, Katie Porter emerges as the clear frontrunner. Porter, known for her sharp political acumen and ability to win in purple districts, has been polling well and seems poised to potentially make history. Her track record of winning over independents and Republicans suggests she might just have the secret sauce to clinch the gubernatorial race.

Behind the Scenes

Whispers of potential backroom deals are already circulating. With Kounalakis stepping down and Nancy Pelosi potentially looking to endorse a new candidate, the political maneuvering feels like a high-stakes game of musical chairs. One thing’s certain: California’s political landscape is about to get more interesting than a venture capital funding round.

Remember, in California politics, today’s lieutenant governor could be tomorrow’s treasurer - and potentially the next big thing in state leadership.

AUTHOR: cgp

SOURCE: SFist