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State treasurer race will shape how Indiana invests state cash and helps local governments finance projects

Democrat Coumba Kebe, a Noblesville healthcare executive, is challenging Republican incumbent Daniel Elliott for Indiana treasurer. Both candidates emphasize investment returns, transparency and protecting local systems — including using the Bond Bank to finance local infrastructure — ahead of the Nov. 3 general election.

BUSINESSINDY BRIEFPublished October 12, 2026 at 6:33 PM EDT
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Current Publishing reported on Oct. 12, 2026, that Democrat Coumba Kebe, a Noblesville healthcare executive, will face incumbent Republican Daniel Elliott in the Nov. 3, 2026, general election for Indiana treasurer (https://www.youarecurrent.com/2026/10/12/meet-the-candidates-for-state-treasurer/). Kebe said she is running to bring greater accountability to how state dollars are managed and cited her experience in healthcare operations and compliance.

According to the story, Elliott cited record investment returns under his tenure — saying the treasurer’s office earned almost $1.8 billion in three fiscal years — and listed top priorities as strong investment returns to avoid raising taxes, helping communities finance fire trucks, parks and infrastructure through the Bond Bank, and cybersecurity for 911 and local government systems (https://www.youarecurrent.com/2026/10/12/meet-the-candidates-for-state-treasurer/). Kebe emphasized transparency, fiduciary stewardship, diversification and liquidity as her investment approach.

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