As a resident of Fresno, Bustamante was elected to the California State Assembly in a special election in 1993, and became the Speaker of the Assembly in 1996.[2] He was elected lieutenant governor in 1998, the first Latino elected to statewide office in California in more than 120 years. He was also the highest-ranking elected Latino officeholder in the United States until Bill Richardson became governor of New Mexico in 2003.
Bustamante had an apparently icy relationship with Governor Davis, a fellow Democrat, during his tenure. They reportedly had not talked in months before the recall election approached. Bustamante's decision to run in the recall election was controversial, as many supporters of Governor Davis had urged prominent Democrats not to run, in an attempt to undermine the legitimacy of the event. During the recall election, Bustamante ran on a platform slogan of "No on Recall, Yes on Bustamante,"[3][4] indicating he opposed the recall.
Bustamante was the Democratic nominee for California insurance commissioner in 2006. In his official candidate statement, he said "I want to become an example to others to lead healthier lives by losing weight myself. Obesity in California costs $7.7 billion a year." Bustamante claimed to have shed 43 pounds, to a weight of 235 pounds, by means of diet and exercise.[5]
He easily won the June 6, 2006 Democratic primary, receiving 70.5% of the vote and defeating his challenger, John Kraft. Bustamante received 1,606,913 votes to 674,309 for Kraft. Many political analysts believed that Kraft, who ran a low-key campaign where he took no campaign contributions, received those votes as a protest for Bustamante's behavior during the 2003 recall election.[6] However, Kraft planned to actively campaign for Bustamante in the general election, and donated a significant portion of his fortune as an heir to Kraft Foods to Bustamante's campaign.[7]
Bustamante ran against Republican Steve Poizner in November. Bustamante announced that he would not be returning insurance industry contributions to his campaign, a position criticized by Poizner and campaign ethicists. Bustamante also failed to meet a deadline to submit a campaign statement to voters. According to the Field Poll, on November 3, 2006, Bustamante trailed Poizner by 9%.[8] and lost to Poizner by 12% in the general election.