Ramone, Lauzen to Face Off for Delaware Treasurer

The candidates will compete in the November 3 general election for the open statewide office.

Updated on Oct. 15, 2026 in Elections

Ramone, Lauzen to Face Off for Delaware Treasurer

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Would you prioritize private business experience or professional investment management when voting for a state treasurer?

Republican Mike Ramone and Democrat Ted Lauzen will compete for the office of Delaware Treasurer in the general election on November 3, 2026. The candidates are vying for the position following the decision by incumbent Colleen Davis not to seek a third term.

Why it matters

The race for treasurer determines who will oversee the state's financial interests and fiscal operations. This contest marks a high-stakes pivot point for Delaware voters as they choose a successor to manage the state's treasury.

In the September 15, 2026, Democratic primary, Ted Lauzen secured the nomination with 45.3% of the vote. Mike Ramone, a businessman and former state House minority leader, enters the race after his 2024 gubernatorial bid.

The players

Mike Ramone

He is a businessman and former Delaware House minority leader who represented the Pike Creek area.

Ted Lauzen

He is an investment manager and former U.S. Marine who operates an investment firm in Rockland.

Colleen Davis

She is the incumbent Delaware Treasurer who decided against seeking a third term in office.

The details

Mike Ramone brings experience from his tenure in the Delaware House of Representatives from 2008 to 2024, while Ted Lauzen offers a background as an investment manager and former U.S. Marine. Both candidates are campaigning across the state to succeed incumbent Treasurer Colleen Davis.

Mike Ramone served in the Delaware House of Representatives from 2008 to 2024.
Mike Ramone lost the 2024 Delaware gubernatorial election.
Ted Lauzen won the Democratic Party primary election on September 15, 2026.
The general election is scheduled for November 3, 2026.

Political Context

This election determines the future administration of the Delaware state treasurer's constitutional financial duties. While the candidates compete for the seat, the opposition party may raise concerns regarding the transition of institutional knowledge following a long-term incumbent's departure.

The outcome of this election will directly impact state fiscal management and the public oversight of Delaware's financial assets. Voters will decide who controls the state treasury as the new treasurer prepares to take office following the November 3 election.

The takeaway

This race highlights the importance of candidate experience in managing complex state financial portfolios. Voters should review the professional backgrounds of both candidates to understand their respective approaches to the state's fiscal future.