I rise to support the Truth in Settlements Act. This bipartisan legislation, which I introduced earlier today with my colleague from Oklahoma, Dr. Coburn, will help the public hold Federal agencies accountable for the settlements they make with corporate wrongdoers. I am honored to partner with Dr. Coburn on this bill. In his decade in the Senate, he has been a leader in the fight for greater government transparency. Dr. Coburn and I do not agree on every issue, but we strongly agree that sunlight is a critical component of good government. That is the motivation behind the Truth in Settlements Act, and I am proud to fight alongside Dr. Coburn to advance this legislation. When companies break the law, Federal enforcement agencies are responsible for holding them accountable. In nearly every instance, agencies choose to resolve cases through settlement rather than going to a public trial. The government agencies defend this practice by arguing that their eagerness to settle is in the best interests of the American people. But their actions paint a very different picture. If agencies were truly confident that these settlements were good deals for the public, they would be enthusiastic about publicly disclosing all of the key details of those agreements--hang it right out there so everyone can see what a great job they did on behalf of the American people. So is that what they do? No.…
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