Thomas W. Hayes
Encyclopedia
Thomas W. Hayes was the 28th California State Treasurer
. A Republican, he was nominated by Governor George Deukmejian
to fill the vacancy created by the August 4, 1987 death of Democrat Jesse M. Unruh. He took office in 1989, upon confirmation by both houses of the California Legislature. He was Governor Deukmejian's second nominee; the first, Congressman Dan Lungren
, had been refused confirmation by the State Senate.http://online.ceb.com/calcases/C3/45C3d727.htm In 1990, he won the Republican nomination for election to a term as State Treasurer in his own right, defeating former Treasurer of the United States
Angela "Bay" Buchanan
(sister of Patrick J. Buchanan), but was defeated in the general election by Democrat Kathleen Brown
.
Prior to his service as State Treasurer, he had served as Auditor General of the State of California from 1979 to 1989. After leaving office as State Treasurer in January 1991, he joined the administration of newly-elected Governor Pete Wilson as its Director of Finance, serving from 1991 to 1993. Since then, he has worked in the private sector, with occasional forays into public service, most notably assisting Orange County
with its finances after its notorious 1994 bankruptcy triggered by derivatives investments gone awry.
California State Treasurer
The California State Treasurer is responsible for the state's investment and finance. The post has more narrow responsibilities and authority than the California State Controller...
. A Republican, he was nominated by Governor George Deukmejian
George Deukmejian
Courken George Deukmejian, Jr. born June 6, 1928) is an Armenian American politician from California who as a Republican served as the 35th Governor of California and as California Attorney General .-Early life:...
to fill the vacancy created by the August 4, 1987 death of Democrat Jesse M. Unruh. He took office in 1989, upon confirmation by both houses of the California Legislature. He was Governor Deukmejian's second nominee; the first, Congressman Dan Lungren
Dan Lungren
Daniel Edward "Dan" Lungren is the U.S. Representative for , serving since 2005. The district covers most of Sacramento County and part of Solano County, as well as all of Alpine, Amador and Calaveras counties...
, had been refused confirmation by the State Senate.http://online.ceb.com/calcases/C3/45C3d727.htm In 1990, he won the Republican nomination for election to a term as State Treasurer in his own right, defeating former Treasurer of the United States
Treasurer of the United States
The Treasurer of the United States is an official in the United States Department of the Treasury that was originally charged with the receipt and custody of government funds, though many of these functions have been taken over by different bureaus of the Department of the Treasury...
Angela "Bay" Buchanan
Angela Marie Buchanan
-External links:***...
(sister of Patrick J. Buchanan), but was defeated in the general election by Democrat Kathleen Brown
Kathleen Brown
Kathleen Lynn Brown is a Democratic politician from California. She is the youngest of four children of former Governor Edmund G. "Pat" Brown and is the sister of current California Governor Edmund G. "Jerry" Brown, Jr...
.
Prior to his service as State Treasurer, he had served as Auditor General of the State of California from 1979 to 1989. After leaving office as State Treasurer in January 1991, he joined the administration of newly-elected Governor Pete Wilson as its Director of Finance, serving from 1991 to 1993. Since then, he has worked in the private sector, with occasional forays into public service, most notably assisting Orange County
Orange County, California
Orange County is a county in the U.S. state of California. Its county seat is Santa Ana. As of the 2010 census, its population was 3,010,232, up from 2,846,293 at the 2000 census, making it the third most populous county in California, behind Los Angeles County and San Diego County...
with its finances after its notorious 1994 bankruptcy triggered by derivatives investments gone awry.
See also
- Oral History Interview with Thomas W. Hayes (1995). California State Archives.