Friday, December 10, 2010

President signs Indian Trust Fund Settlement Act | The Cherokee One Feather


President signs Indian Trust Fund Settlement Act | The Cherokee One Feather: "Elouise Cobell, a member of the Blackfeet Tribe of Montana, decided in 1996 that enough was enough and she was tired of not having a resolution to the Indian Trust Fund situation.  On June 10 of that year, she filed a lawsuit (Cobell v. Salazar) against the government in the hopes of finding a solution and resolution.   

                That resolution finally came on Wednesday, Dec. 8 as President Barack Obama signed the Claims Resolution (aka Settlement) Act of 2010 officially bringing the decades-old Indian Trust Fund debacle to a close.  Under the Act, $3.4 billion will be provided to settle trust fund accounts and land interests across Indian Country. "

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