Brian Schatz on Free Trade



Promote relations and tourism travel from Asia Pacific

Lt. Gov. Schatz serves as the State's point person in promoting positive and beneficial relations with Hawai'i's neighbors in the Asia Pacific. While Lt. Gov. Schatz is interested in all opportunities throughout the region and beyond, he focuses on building growth in tourism and expanding opportunities for partnerships in various economic ventures.

In May, Lt. Gov. Schatz traveled with the Hawai`i Tourism Authority (HTA) to Seoul to demonstrate high level government support to Korean travel industry partners and the airlines, and to promote Hawai'i as an ideal travel and business destination. To complement HTA's aggressive marketing push, the Lieutenant Governor conducted a roundtable discussion while in Seoul with four trade newspapers, briefing their readership in issues ranging from the increase in available flights to the various activities for visitors on all of the islands. He also met with both Asiana Airlines and Korean Airlines to reaffirm Hawai'i's commitment to Korea.

Source: Lt. Gov. official website, ltgov.hawaii.gov , Dec 27, 2012

Voted FOR reauthorizing Ex-Im Bank.

Schatz voted NAY Export-Import Bank Reform and Reauthorization Act

Heritage Action summary of vote# S206: The Senate voted to table (kill) an amendment by Sen. Kirk to reauthorize the Export-Import Bank. Sen. Kirk recommends voting NO. Heritage Foundation recommends voting YES because the "Ex-Im Bank is little more than a $140 billion slush fund for corporate welfare."

OnTheIssues explanation: Voting NO would allow a vote on reauthorization of the Ex-Im Bank. Voting YES would kill the bill for reauthorizing the Ex-Im Bank.

Sierra Club reason for conditionally voting NO (from previous bill S.819):Sen. Shaheen's bill S.824 reauthorizes the Ex-Im Bank without undermining Obama's Climate Action Plan. The Sierra Club supports the bill because it makes both financial and environmental sense for the US and all of its taxpayer-backed financial institutions--including Ex-Im--to stop investing in dirty and dangerous fossil fuels like coal.

Cato Institute reason for voting YES to kill the bill:The Ex-Im Bank's reauthorization buffs contend that Ex-Im fills a void left by private sector lenders unwilling to provide financing for certain transactions. Ex-Im's critics [say that] by effectively superseding risk-based decision-making with the choices of a handful of bureaucrats pursuing political objectives, Ex-Im risks taxpayer dollars. It turns out that for nearly every Ex-Im financing authorization that might advance the fortunes of a single US company, there is at least one US industry whose firms are put at a competitive disadvantage. These are the unseen consequences of Ex-Im's mission.

Source: Supreme Court case 15-S0995 argued on Oct 19, 2015

Other candidates on Free Trade: Brian Schatz on other issues:
HI Gubernatorial:
David Ige
Duke Aiona
Neil Abercrombie
HI Senatorial:
Colleen Hanabusa
Daniel Inouye
Mazie Hirono

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Page last updated: Aug 23, 2017