New Mexico Election 2026: New Mexico state treasurer

The New Mexico state treasurer plays an increasingly important role in the state’s financial future, as leaders seek to transition the New Mexico economy from one reliant on record oil and gas revenues into one that sustains itself with investment returns. Source NM talks to incumbent Democrat Laura Montoya and her Republican challenger James "Jim"

By: Patrick Lohmann

Outlets: Source New Mexico

Published: September 14, 2026

Words: 3,018

Last Updated: 2 days, 1 hour ago

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The New Mexico state treasurer plays an increasingly important role in the state’s financial future, as leaders seek to transition the New Mexico economy from one reliant on record oil and gas revenues into one that sustains itself with investment returns.

In the four years since incumbent Democratic State Treasurer Laura Montoya has been in office, the assets under her management have grown in value from roughly $14 billion to more than $24 billion. …

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