State Treasurer of Wisconsin · Election November 3, 2026 · Updated
Who should I vote for in the Wisconsin state treasurer race?
No candidate in the Wisconsin state treasurer race has enough public record yet for a Ballot Standard score, as of October 9, 2026. John Leiber (7 of 15 criteria) and Yee Leng Xiong (7 of 15 criteria) have too little public record to score. Every score comes from public records on character, qualifications and performance, the same way for every party.
Republican · incumbent
John Leiber
On the ballot as John S. Leiber
Not enough public record for a score
Public evidence on 7 of 15 criteria
- Character
- 50
- Qualifications
- 60
- Performance
- NR
Democratic
Yee Leng Xiong
Not enough public record for a score
Public evidence on 7 of 15 criteria
- Character
- 50
- Qualifications
- 60
- Performance
- NR
The good, the bad and the unresolved
The record
The notable facts of each candidate's public life, each tied to a source and confirmed to be this person. Unresolved matters are labeled with where they stand and do not move a score.
John Leiber
- Credit2023-2026
As treasurer serves on the Board of Commissioners of Public Lands, which manages the $1.6 billion Common School Fund that supports public school libraries.
Source: Wisconsin Watch, Sept. 28, 2026
Yee Leng Xiong
- Credit2016 to 2026
Has served on the Marathon County Board of Supervisors since 2016 and the D.C. Everest Area School Board since 2014.
Sources: Wisconsin Watch 2026 voter guide, Yee Leng Xiong, Wisconsin Watch, Sept. 28, 2026
Who they are
Character
Integrity
Tells the truth, keeps their word, and takes no private gain from public office.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
Courage
Takes a stand that costs them something, including telling their own side no.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
Accountability
Owns mistakes, answers hard questions, and works in the open.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
Temperament and judgment
Steady under pressure, decides on evidence, and treats opponents and staff with respect.
John Leiber. State treasurer since January 2023, after work as a legislative staffer and a Department of Revenue tax adviser. No formal conduct finding found.
Sources: Wisconsin Watch, Sept. 28, 2026, Wisconsin Watch 2026 voter guide, John S. Leiber
Yee Leng Xiong. Marathon County supervisor since 2016 and D.C. Everest Area School Board member since 2014. No formal conduct finding found.
Fidelity to the oath
Uses power inside its limits: accepts certified results, obeys court rulings, follows the rules of the office.
John Leiber. Has held the sworn office of state treasurer since 2023 with no official finding of misuse of office.
Yee Leng Xiong. Has held sworn local office since 2014 with no official finding of misuse of office.
What they bring
Qualifications
Relevant experience
Has done work that prepares them for this specific office.
John Leiber. State treasurer since January 2023, not yet through a full term (E9), after legislative staff and state tax adviser roles and private law practice.
Sources: Wisconsin Watch 2026 voter guide, John S. Leiber, Wisconsin Watch, Sept. 28, 2026
Yee Leng Xiong. Prior elected office as a county supervisor, school board member and village trustee, and executive director of a refugee services nonprofit.
Source: Wisconsin Watch, Sept. 28, 2026
Command of the job
Knows the issues and knows what the office can and cannot do.
John Leiber. Keeps to the office's legal duties and names specific work within them: the Board of Commissioners of Public Lands municipal loan program and the $1.6 billion Common School Fund.
Source: Wisconsin Watch, Sept. 28, 2026
Yee Leng Xiong. Proposes protecting the Common School Fund and promoting trust fund loans, but also audit and transparency roles that would need new authority from the Legislature.
Source: Wisconsin Watch, Sept. 28, 2026
Communication
Explains plainly, persuades, and listens.
John Leiber. Answered the Wisconsin Watch 2026 questionnaire and publishes a campaign site. Has not completed Ballotpedia's 2026 survey.
Sources: Wisconsin Watch 2026 voter guide, John S. Leiber, Ballotpedia, John Leiber
Yee Leng Xiong. Completed Ballotpedia's 2026 survey and the Wisconsin Watch questionnaire and publishes a priorities page.
Sources: Ballotpedia, Yee Leng Xiong, Wisconsin Watch 2026 voter guide, Yee Leng Xiong, Campaign site, home page
Roots in the constituency
Lives there, knows the people, and is funded by them.
John Leiber. Lives in Cottage Grove. In-state donor share not available from state filings.
Yee Leng Xiong. Born in Wausau and lives in Weston, where he has held local office since 2014. In-state donor share not available from state filings.
Sources: Wisconsin Watch 2026 voter guide, Yee Leng Xiong, Wisconsin Watch, Sept. 28, 2026
Management
Can build and run an organization.
John Leiber. Runs the Office of the State Treasurer, which his campaign says has one employee, the treasurer.
Source: Campaign site, home page
Yee Leng Xiong. Has led a Wausau refugee services nonprofit and earlier the Hmong American Center; budget figures rest on his own account.
Source: Wisconsin Watch, Sept. 28, 2026
What they deliver
Performance
Results
Turns ideas into outcomes.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
Showing up
Does the basic work of the job.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
Constituent service
Solves problems for the people they represent.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
Coalition building
Wins support beyond their own faction.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
Stewardship of public money
Treats tax dollars as someone else's money.
John Leiber. No public record found.
Yee Leng Xiong. No public record found.
How to read this
Each criterion is scored 0 to 4 against the written rubric in the Ballot Standard. NR means no record: there is no reliable public evidence either way, so the criterion is left out and never counts against the candidate. A total is published when at least 8 of 15 criteria have evidence.
A sitting officeholder has a longer public record than a first-time candidate, so the two totals rest on different amounts of evidence. Read the count of criteria beside each score. Low marks require an official finding or a primary record. Allegations and opinion are not used.
No policy position is scored. Evidence checked October 9, 2026. Campaigns and readers can send a correction with a public source to tpg@thepoliticalgroup.com.
Questions
Who should I vote for in the Wisconsin state treasurer race?
No candidate in the Wisconsin state treasurer race has enough public record yet for a Ballot Standard score, as of October 9, 2026. John Leiber (7 of 15 criteria) and Yee Leng Xiong (7 of 15 criteria) have too little public record to score. Every score comes from public records on character, qualifications and performance, the same way for every party.
Who is running in the Wisconsin state treasurer race in 2026?
John Leiber (Republican, incumbent), Yee Leng Xiong (Democratic). The general election is November 3, 2026.
Is John Leiber a good candidate for State Treasurer?
John Leiber has public evidence on 7 of the 15 Ballot Standard criteria, short of the 8 needed for a score. The evidence that exists is shown on the scorecard. No record never counts against a candidate.
Is Yee Leng Xiong a good candidate for State Treasurer?
Yee Leng Xiong has public evidence on 7 of the 15 Ballot Standard criteria, short of the 8 needed for a score. The evidence that exists is shown on the scorecard. No record never counts against a candidate.
How is the strongest record decided?
The candidate with the highest Ballot Standard score has the strongest record. Each of 15 criteria on character, qualifications and performance is scored 0 to 4 from public records and established reporting, the same way for every party. No policy position is scored, and unresolved accusations never move a score.
More on this race: every Wisconsin race scored, and the Wisconsin 2026 election guide. Independent scorecard by The Political Group, not affiliated with any candidate or party.