The Guam Daily Post

12 23Thu11262015


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Back Local News Calvo stands behind Taitano nomination

Calvo stands behind Taitano nomination

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GOV. Eddie Calvo vowed last week to continue in his effort to have Henry Taitano head the Guam Economic Development Authority. Calvo’s statement came on Friday after the 32nd Guam Legislature came up with only seven of the eight votes required to confirm the governor’s nomination of Taitano to be GEDA administrator.

“Henry, along with others on the fiscal team, was one of the architects of the financial strategy to pay tax refunds, COLA, and other obligations,” a statement from the Governor’s Office said. “He brought forward many of the economic solutions GEDA now has, including the multimillion-dollar [State Small Business Credit Initiative] loan program for small businesses, and the [Comprehensive Economic Development Strategy] project. He has been my chief economic advisor, pushing the economic development and process improvement agenda. It makes no sense to us why the Legislature would reject his nomination, especially since this young leader with so much promise has already contributed so much to the forward direction of our island. He is the best man for the job and I fully intend to push for the reconsideration of his vote, or simply to re-nominate him.”

Five legislators voted against Taitano’s confirmation – Sens. Tom Ada, B.J. Cruz, Frank Aguon, Mike San Nicolas, and Ben Pangelinan.

During the discussion about the nomination, senators raised questions about Taitano’s business interests. During the floor discussion, Cruz said Taitano’s business interests could potentially conflict with his position as head of GEDA.

Cruz said he still had questions about Taitano’s involvement in any Limited Liability Corporations or Limited Liability Partnerships.

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