Primary Election
DiNapoli's first primary challenge in nearly two decades
Thomas DiNapoli has been New York's comptroller — the state's chief fiscal officer and sole trustee of a roughly $295 billion public-pension fund — since 2007, and is seeking a fifth full term. For the first time in nearly two decades he faces a contested Democratic primary: Drew Warshaw, a former affordable-housing executive, and Raj Goyle, an attorney and former Kansas legislator, both argue from his left that he has underused the office's pension and audit powers on affordability, Wall Street fees, and divestment. Siena polling has shown soft reelect numbers and low name recognition for DiNapoli, though no public head-to-head poll of the three has been released.
Thomas P. DiNapoli
New York State Comptroller
Drew Warshaw
Former COO / co-CEO, Enterprise Community Partners (2020–2025)
Raj Goyle
Attorney (Duke; Harvard Law); former ACLU lawyer
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Pension fund strategy & Wall Street fees
The ~$295B fund — among the nation's largest — is the race's central battleground. Challengers say DiNapoli overpays Wall Street external managers; he defends the fund as one of the best-funded in the country.
Thomas P. DiNapoli
Defends the fund's record — a record-high ~$295B at an 11.94% annual return, 'virtually fully funded' — and his use of shareholder activism; disputes the challengers' underperformance math.
Drew Warshaw
Would cut external Wall Street fees and shift toward low-cost, internally managed index funds — 'stop lining Wall Street's pockets and invest smarter to give billions back to working New Yorkers.'
Raj Goyle
Says the office has 'underperformed the market... wasting billions on excessive Wall Street fees' and would bring private-sector investment tools to improve returns.
Fossil-fuel divestment
Whether to fully divest the pension from fossil fuels. Both challengers say yes; DiNapoli set a net-zero-by-2040 target and partially divested but stopped short of full divestment.
Thomas P. DiNapoli
Committed the fund to net-zero emissions by 2040 with a $40B sustainable-investment goal and partial fossil-fuel divestment, favoring engagement over blanket divestment.
Drew Warshaw
Pledges to 'completely divest from fossil fuel companies' across equities, fixed income, and alternatives, arguing earlier divestment would have raised returns.
Raj Goyle
Backs full fossil-fuel divestment and redirecting capital to clean energy; says DiNapoli 'reneged on his promise to divest from fossil fuels.'
Israel bonds & divestment
A flashpoint: both challengers pledge to divest the pension's Israel-bond holdings; DiNapoli has increased them, and a 2024 state-sponsored trip was later flagged by an ethics commission.
Thomas P. DiNapoli
Has maintained and increased Israel-bond holdings (~$332.5M after a post-trip purchase); a state ethics commission flagged his 2024 JCRC-sponsored trip as a potential appearance issue.
Drew Warshaw
Would divest 'all foreign bonds,' singling out ~$368M in Israel bonds, arguing 'we cannot continue investing our public dollars in a government that is committing genocide.'
Raj Goyle
Would divest ~$350M in Israel bonds: 'we have an obligation to not fund human rights violations.'
Latest NY State Board of Elections cash-on-hand filings (Jan 2026) — figures change as new reports are filed.
DiNapoliResearched & verified Jun 8, 2026. Compiled from verified public sources; claims that failed verification are excluded.