National

Statement by President Obama on the Settlement of Cobell Class-Action Lawsuit on Indian Trust Management

Washington, D.C.–(ENEWSPF)–December 8, 2009.

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“Today, Interior Secretary Ken Salazar and Attorney General Eric Holder announced that, at long last, a settlement has been reached in the Cobell class-action lawsuit.  This suit was originally filed in 1996 over the United States government’s trust management and accounting of hundreds of thousands of individual American Indian trust accounts.  With this announcement, we take an important step towards a sincere reconciliation between the trust beneficiaries and the federal government…

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