Elliott declares reelection victory in Indiana treasurer race, with comptroller vote tight

Indiana Treasurer Daniel Elliott delivers a victory speech at the Intercontinental Hotel in downtown Indianapolis Tuesday, Nov. 3, 2026. (Photo by Mackenzi Klemann/Indiana Capital Chronicle.)
Republican Daniel Elliott will continue serving as Indiana treasurer, one of the state’s top financial officers.
The race for state comptroller remained too close to call as votes continued to be tallied into early Wednesday.
Elliott claimed a three-point lead over Democratic challenger Coumba Kebe with 91% of votes reporting.
“This is possible because of the hard work that you have done,” Elliott told supporters at the Intercontinental Hotel. “Republicans up and down this state have made sure that we keep Indiana in a strong position. They want people who pay attention to them. They want people who understand how to focus on them, people who know how to take our dollars and focus on how we can make it work for Hoosiers—not for big corporations, not for institutions, but for people.”
The treasurer is Indiana’s chief financial officer, responsible for managing the state’s investments and savings programs.
First elected to the office in 2022, Elliott leaned on his experience on the campaign trail, boasting of the state’s $1.8 billion in investment earnings.
His opponent Kebe, a healthcare executive from Noblesville, campaigned for greater transparency and accessible reporting about state holdings, investment performance and fees, and to use the office to advocate for changes to Medicaid and childcare policy.
She received 48.5% of the vote in the incomplete tallies.

Elliott acknowledged the tough election coutcomes for Republicans, telling supporters “the battle is not done.”
“We have a job to do,” he said. “We have things to get done. And this next four years, we are going to be focusing even more on the people of Indiana and making sure we get conservative principles out there.”
With Democrats breaking the Republican supermajority hold in the Indiana House, Elliott said he’s focused on continuing to generate money for Indiana.
“My goal as state treasurer is keep doing what I’ve been doing: raising money for the state of Indiana, running the best, the most high-tech 911 program in the state, in the country actually, and focusing on things like helping local governments with their infrastructure through Indiana Bond Bank.”
The race for comptroller, Indiana’s other top financial officer, remained tight into early Wednesday with incumbent Elise Nieshalla trailing Democratic challenger Jessica Bailey by 1.7 percentage points with 91% of votes reported.
Libertarian candidate John Schick followed in third with 3% of the vote.
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