On the recordMarch 3, 2010
The agreement would provide $3.4 billion to settle outstanding claims and address issues going back well over 100 years in which the Federal Government was supposed to be taking care of the trust accounts of American Indians. Some of those trust accounts were fleeced, stolen, and mismanaged. This lawsuit has been going on for a long period. The agreement settles the claims of American Indians who lost their money, lost their assets, and lost their income. Many American Indians have died during the process of this lawsuit. Now that a settlement has been reached, there is an April 16 deadline. The parties to the settlement agreement set an end date by which the Congress must act, or the parties may return to litigation. My hope is that the Congress will be able to meet that deadline. We really do need to put this issue behind us. It is a sorry chapter in this country's history.
Source
govinfo.gov




