Associated Press: US Senate passes Warren bill to require settlement details

BOSTON - A bill sponsored by U.S. Sen. Elizabeth Warren that aims to give the public more details about settlements reached by federal enforcement agencies has passed the Senate.

The Massachusetts Democrat says the goal of the bill is to require the agencies to be more transparent about any deals cut as part of the agreements.

She said when the government settles cases, it highlights the dollar amount obtained from the offender but often doesn't point out tax deductions and other credits built into the settlement that can reduce its actual value.

Read the full Associated Press article here.

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