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My Hero- California State Treasurer, Fiona Ma 
 

Fiona Ma , California State Treasurer, dr jeannie yi

Fiona Ma , California State Treasurer,
Dr. Jeannie Yi 

 

My Hero- California State Treasurer, Fiona Ma 
By: Dr. Jeannie Yi 

 
 Fiona Ma , Xi Jinping
California State Treasurer, Fiona Ma 

Xi Jinping, President of the People's Republic of China,
 
 
 
 
 
 
Video Courtesy of PACVIA TV
 

“In the Romance of the Three Kingdoms, Liu Bei the ruler  visited Zhuge Liang his prime minister’s  cottage three times, not just to seek a strategist, but to find someone who could bring peace to the nation. Today, there is a woman warrior who, with her professionalism, integrity, and spirit of sacrifice, holds the line for the people—to bring stability and peace to this land.”

As a child growing up in Chengdu, Sichuan province,  I didn’t idolize pop stars—I revered the wise figure of Zhuge Liang from The Romance of the Three Kingdoms.

Every child knew the stories: “Borrowing Arrows with Straw Boats,” “The Empty City Ruse,” “Debating in the Court of Wu.” In Wuhou Shrine Park, where his bronze statue stands watch among martial generals and civil advisors, you can still feel the echoes of war drums.

Two thousand years have passed, yet the tradition of discussing heroes over wine continues to shape our collective Chinese mentality—eternally chasing the heroes who rise for the people.

From Wall Street to Chinatown: Where Is My Hero?

As an adult, I came to America. I spent forty years navigating Wall Street and Chinatown, and the question grew louder in my heart: Where are my heroes?

Where are the heroes of the Chinese American community?

Who is speaking on behalf of us?

Over the past four months, I saw one woman appear again and again at major events centered on women and justice: California State Treasurer Fiona Ma. I google her abs I’m fascinated and
 inspired by her. 

She is calm, steady, and speaks softly but with great force.

She doesn’t wield a sword like the warriors of the Three Kingdoms era, but she is a modern-day Zhuge Liang in a woman’s body—a warrior with a ledger and a vision.

She uses budgets, bond issues, and public policy to hold up a canopy of dignity for millions of Californians.

 

1.     Liu Xiaoqing, Yue-Sai Kan, Hollywood
—She Stands Up for Other Women

In January 2025, Chinese film iconic star  Liu Xiaoqing honored ten exceptional women in Los Angeles. The person presenting the award to Ms Liu?  Fiona Ma.

In February,  the Chinese national goddess who changed China’s color by a single lipstick as New York Times described, Yue-Sai Kan hosted Women Who Dared in San Francisco to celebrate the contributions of Asian American women—Fiona was there in support.

At the Golden State Film Festival at Hollywood’s TCL Chinese Theatre, Fiona Ma not only promoted the film Everybody Was Talking About You, but also made a cameo appearance—a symbol of advocacy for women.

That film told the story of how early Hollywood exploited young actresses—from child stars to leading ladies.

Fiona didn’t just support it; she stepped in front of the camera to say: “I stand with you.”

There is a common thread among these women—Liu Xiaoqing, Yue-Sai Kan, Fiona Ma, and the film’s lead actress. None of them have biological children, but all have dedicated their lives to the public good and other people’s children. 

I’ve often asked myself—if I didn’t have a daughter, who would I have given my time to, l sometimes  doubted my existence. 

In them, I seem to find an answer:Today’s heroes may not be billionaires or owners of sprawling mansions; they are the ones who give things up—so others may rise.

 

2.     Her Roots Are Tied to Mine
—The Shared Bloodline of Immigrants

Fiona Ma was born in New York. Her father, from Yunnan, was the son of a legendary general. He came to the U.S. to study, returned to China to serve, then moved to Hong Kong, and finally settled
 in America.

His journey mirrors my own. I left China forty years ago, alone, to study in America. He sought a life of purpose and survival.We, the next generation, seek more—we seek meaning and contribution.

Fiona lived her first two decades in New York, I lived my last 30 years in New York.  We both eventually moved west to continue writing our version of the American Dream.

One day, we briefly talked about home—Yunnan, Guizhou, Sichuan.At that moment, all the distance between us disappeared.

Because “home” is not just a place on a map—it’s a root in the soul. It’s where culture, language, and legacy live.

3.     Her Story Is Also Ours

This past March, the United Nations hosted its largest-ever Women’s Summit: over 100 countries attended and hosted  600 events. The  overflowing conference halls  spilled out into diplomatic buildings surrounding the UN.

I attended one of the ceremonies honoring Asian American women for cultural contribution and was recognized with a Philanthropy Award for producing a television drama titled Main Street— I was recognized with a Philanthropy Award for producing a television Main Street. The title came from or rather named after  the Main Street in the heart of Flushing, Queens, and told through the eyes of a Chinese immigrant mother and daughter navigating love, faith,
and identity.

As I stepped onto the stage to receive my award, I thought of Fiona Ma. Her appearance in Everybody Was Talking About You and my drama Main Street share the same mission:To tell our stories.Not through the lens of others, but through our own voices, our own lens.To reclaim our place in the American narrative—not as shadows, but as authors.

4.     Her Battlefield Is the Treasury;
 Her Weapon Is Numbers and Integrity

In 2019, California issued $180 billion in state bonds—one of the largest municipal bond efforts in U.S. history. The funds were channeled into infrastructure, education, autism services, elder care, and homelessness prevention.

While heading to interview her, my Uber driver heard who I was meeting, he paused, then said, “Could you tell her something for me? To thank her. My son and I—we are so grateful to her.”

He went on:“My son has cerebral palsy. He’s eight and still crawls. My wife left long ago. I don’t blame her—it was too much. But Fiona passed a law…Families like mine—parents of severely disabled children—can now stay home and take care of them.The government pays us. I quit my job at Spectrum, stayed home, and watched my son grow.He’s 21 now. He can cook a bit. Wash his clothes. But he still can’t tell glass doors from open ones—he walks into them, bleeds. Every month, I get a check signed by Fiona Ma. And I cry.In rich America, she sees the poor. She sees us.”

The ancient Chinese saying goes:
 “
Be the first to worry, the last to enjoy.”

In 2019, Fiona Ma won her race for State Treasurer in a landslide—an unprecedented feat in California’s 180-year history. She is the first Asian American woman ever elected to this office.

Why? You may ask. 

Because people saw her heart and what age stands for. Because they knew her 20+ years of public service were driven not by politics,
 but by purpose.

Managing $3 Trillion, Earning $175K
—Is It Worth It? Anyone would wonder, so would I! 

California’s economy is the fifth largest in the world, and the state handles $3 trillion annually. I’ve worked on Wall Street—I know what managing that kind of money means. If Fiona Ma were a bank CEO, she’d earn $50 million a year.

Today, as Treasurer, she earns just $175,000.

So I asked her, “Is it worth it?”
 

She smiled. “My father once told me: ‘If you want to go into politics, I can’t stop you. To find a stable job, with health insurance, and retirement—that’s the American Dream.’ In a way he consented.”

Then she looked at me and added:“But that dream shouldn’t belong to just me. Every immigrant, every working person—should have access to a safe, stable, respectful life.That’s my American Dream.”

In that moment, I thought again of Zhuge Liang’s words in his famous Memorial to the Emperor: “I will dedicate myself to service until death.”

5.     It’s Time to Rewrite Our Own “Feast of Heroes”

I came from Chengdu, and walked into Wall Street, and shifted from being a listener to being a storyteller. For 40 years, I’ve searched for someone who could represent us—speak for us. Someone who would not seek worship, but walk beside us, speak for us,
 fight for our future.

And now, I’ve found her -Fiona Ma! 

She is not just a public official. She is the Treasurer of California.She is our real-life Asian American wise warrior  “Zhuge Liang.” She wears a suit, not armor. She drafts budgets, not battle plans. She has no children, yet has raised generations of social programs that nurture our children. 

She is a minority, yet guards the majority and the core of our democracy. She is the woman protecting our wealth—and our hope.

As I left the interview, her assistant handed me a piggy bank.

“After the wildfires, some people lost everything overnight,”
 he said.

“So our campaign slogan is simple:

Start saving today. Even just a little bit each day.”


 

Article by
Dr Jeannie Yi,
the 
best selling author of The Haier Way
 -The birth of a business leader and a global brand

The book became the first Harvard case study on
 How to do business in China 

 

 

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