Tuesday, June 18, 2002

Rep. Mink again tops
isle delegation in finances

Star-Bulletin staff

Finances for Hawaii's four-person Democratic congressional delegation remained basically unchanged from reports filed last year.

U.S. Rep. Patsy Mink (Rural Oahu, Neighbor Islands) reports holdings of between $562,000 and $1.35 million, most in retirement accounts, according to filings with the House and Senate.

Mink owns between $15,000 and $50,000 in Alexander & Baldwin stock, plus a Merrill Lynch IRA account valued at $250,000 to $500,000.

U.S. Sen. Daniel Inouye comes in second with assets of between $567,000 and $1.17 million, including certificates of deposit at Sun-Trust bank valued at between $250,000 and $500,000, and Central Pacific Bank stock also valued at between $250,000 and $500,000.

U.S. Sen. Daniel Akaka has holdings worth between $417,000 and $1.1 million. The reports state that most of the holdings are in real estate and federal credit union accounts.

U.S. Rep. Neil Abercrombie (Honolulu) has credit union accounts worth between $1,000 and $15,000 and owns a Makiki condominium valued at between $100,000 and $250,000.

All four also are paid $150,000 a year in congressional salary.

The assets of the four are required to be reported in broad ranges, excluding the value of their primary residence and furniture. Inouye also reported receiving $392 in book royalties from his autobiography, "Journey to Washington."

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