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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 and lay the foundation for more
effective management of Indian trust assets in the future. I want to
applaud Secretary Salazar and Attorney General Holder for working
tirelessly with the plaintiffs to help reach this settlement.
“As a candidate, I heard from many in
Indian Country that the Cobell suit remained a stain on the Nation to
Nation relationship I value so much. I pledged my commitment to
resolving this issue, and I am proud that my Administration has taken
this step today. I came to Washington with a promise to change how our
government deals with difficult issues like this, and a promise that the
facts and policies, and not politics, will guide our actions and
decisions.
“But it is important to note that
today’s actions are not the final step. The District Court for the
District of Columbia must formally endorse the settlement, and Congress
must enact legislation to authorize implementation. I urge Congress to
act swiftly to correct this long-standing injustice and to remember that
no special appropriations are required. I congratulate all those in
Indian Country that have waited for this news, and join them in waiting
for a quick conclusion to the process.” |
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