Wednesday, September 26, 2012

Osage member nominated to head Indian trust office

OKLAHOMA CITY (AP) ? A member of the Osage Nation from Norman, Okla., has been nominated by President Barack Obama as the next Special Trustee for American Indians.

The Office of Special Trustee for American Indians manages about $3.7 billion in Indian funds held in trust by the federal government. It also manages Indian leases for natural resources such as coal, oil, natural gas, timber and grazing, that generate income for the trust accounts.

Obama nominated Vincent G. Logan for the post. Logan owns The Nations Group LLC, which works with Native American tribes on asset management, investment strategies and financial education. He also is a member of the Oklahoma State University Foundation Board of Governors.

Logan received his undergraduate degree from Oklahoma State University and his law degree from the University Of Oklahoma College of Law.

Source: http://news.yahoo.com/osage-member-nominated-head-indian-trust-office-013553140.html

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