Elizabeth Helen McCaughey (; née Peterken; born October 20, 1948), formerly known as Betsy McCaughey Ross, is an American politician who was the Lieutenant Governor of New York from 1995 to 1998, during the first term of Governor George Pataki. She unsuccessfully sought the Democratic Party nomination for governor after Pataki dropped her from his 1998 ticket, and she ended up on the ballot under the Liberal Party line. In August 2016 the Donald Trump presidential campaign announced that she had joined the campaign as an economic adviser.