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Ivy Maude Baker was born to a Utah mining family in Kimberly on September 7, 1905. From Kimberly the family moved to Coalville, Utah and finally, in 1911, to Bingham Canyon and the copper mines. Mrs. Clara Fernley Baker, an English emigrant, was active in local political affairs. It was through her mother that the young Ivy became interested in politics.

Educated in the Utah public school system, Ivy went to grammar school in Bingham, and graduated from Jordan High School in 1924. She had no further formal schooling although she later took some extension courses through the University of Utah. After her appointment as U. S. Treasurer Ivy received honorary doctorate degrees from Elmira College in New York, Rider College in New Jersey and Bryant College in Rhode Island.

After her marriage to Harry Howard Hicks on July 31, 1924, she went to North Carolina, his native state. Separated after four years, Ivy returned to Utah where she later learned Harry had been killed in an airplane crash.

With the onset of the depression and her father's mine-related illness, Ivy helped support the family. Working as a telephone operator she was gradually advanced to a supervisor. Later she worked for Auerbachs as a model and a merchandiser. It was during these depression years she also taught citizenship night-school classes for emigrants.

At the urging of her mother, a force to be reckoned with in the local Republican party, Ivy became actively involved in politics. She ran for a seat in the Utah State House of Representatives in 1934. The campaign was unsuccessful, however, she was elected to be the co-chairman of the Young Republican Organization for eleven western states for a two-year term.

Roy Fletcher Priest and Ivy Baker were married for twenty-four years, from December 1935 until his death in 1959. Shortly after their marriage they settled in Bountiful, Utah, where Ivy continued her activities on behalf of the Republican party. Moving through the grass-roots establishment while raising their three children, Ivy was finally elected as Utah Representative to the Republican National Committee. She served in this capacity from 1944 to 1953.

In 1950 Ivy ran for a seat in the U. S. House of Representatives against incumbent Reva Beck Bosone. The campaign never disintegrated into the predicted "cat-fight," nor was the spectre of communism raised. As the only national campaign between two women, the election received wide-spread publicity. Ivy Baker Priest was defeated but had gained national attention. As an Eisenhower supporter early in the campaign, Ivy was appointed to by the Assistant Chairman of the 1952 Eisenhower Committee in charge of the Women's Division. Following the successful campaign President Eisenhower nominated Priest for the position of U. S. Treasurer. Her appointment was confirmed and she took office on January 28, 1953. During her eight years as Treasurer, Ivy spent much of her time on speaking tours to promote Savings Bond sales or discuss finances and the Treasury.

With the election of John F. Kennedy in 1960, Ivy resigned her position and returned to private life. Both daughters were living in California at that time, and Ivy returned to the West to take up residence in California. On June 20, 1961 Ivy married Sidney William Stevens, a prominent realtor.

Defeating incumbent Democratic State Treasurer, Bert Battes, in 1966 Ivy became the first woman elected to a California high constitutional office. She was re-elected to a second term by a 1.2 million vote margin in 1970.

The death of her son Roy in a boating accident in May of 1971 and the loss of her husband, Sidney, less than a year later combined with the discovery that she was suffering from cancer caused Ivy to retire without seeking a third term as State Treasurer in 1974.

At her death in June of 1975 she was remembered not only for her political activities, but also her lifetime of public service. She was involved in the National Safety Council and the National Society for Crippled Children and Adults as well as local California chapters of these groups. Ivy belonged to the Business and Professional Women's Club, the Women's Advertising Club of Washington, Beta Sigma Phi, and Delta Zeta. As a member of the Soroptomist Club she once received the national association's Women's Achievement Award. The Women's National Press Club also presented her with an Achievement Award. She also received the nomination of the Women's Newspaper Editors and Publishers Association for one of America's twenty most outstanding women.