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U.S. to pay $3.4 billion to settle Indian trust lawsuit

• Reuters
The U.S. government said on Tuesday it will pay $3.4 billion to settle a long-running lawsuit against the Interior Department for mismanaging the revenue in Native American trust funds.

As part of the settlement, the government will pay $1.4 billion directly to members of Indian tribes and establish a $2 billion fund to buy land from Native Americans.

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