Hobby Lobby president Steve Green has said the faith-based company has "accepted responsibility and learned a great deal" after agreeing to pay a $3 million fine and forfeit thousands of ancient artifacts that were smuggled from Iraq with improper labels.

"We should have exercised more oversight and carefully questioned how the acquisitions were handled," Green, who also serves as chairman of the board of Museum of the Bible, said in a statement. "Hobby Lobby has cooperated with the government throughout its investigation, and with the announcement of today's settlement agreement, is pleased the matter has been resolved."

He added, "We have accepted responsibility and learned a great deal. Our entire team is committed to the highest standards for investigating and acquiring these items. Our passion for the Bible continues, and we will do all that we can to support the efforts to conserve items that will help illuminate and enhance our understanding of this Great Book."

Hobby Lobby agreed Wednesday to the settlement with the US Attorney's Office for the Eastern District of New York, according to...

Continue reading here.

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Good News: TPUSA High School Clubs More Than Double, Hit 2,700 Nationwide

Atheist Bill Maher Condemns Media Silence on Christian Genocide in Nigeria: 'Systematic Killing'

'We Found Him': The Alleged Smoke Bomber Who Disrupted a Sean Feucht Worship Event; His Shocking Links to Antifa Inside Canada's Military

As Deadly Violence against Houses of Worship Rises, So Do Law Enforcement, Security Measures

Portland Police Arrest Conservative Journalist Nick Sortor Outside ICE Facility, 'But None of the Domestic Terrorists'

Apple Takes Down ICE Tracking Apps After Pressure from Bondi DOJ

Kash Patel's FBI Cuts All Ties to Southern Poverty Law Center

The President Is Already Using the Shutdown to Slash Federal Spending, Plans to Make Job Cuts

Israeli Leaders React to Terror Attack on UK Synagogue as Navy Intercepts Pro-Hamas Flotilla

President Trump Sets Sunday Deadline for Hamas to Accept Deal or Face 'ALL HELL'

Hamas Says It Will Release All Remaining Hostages, But...

'Blown Away': Hundreds Saved and Baptized as 8,000 Students Seek Jesus at University of Tennessee

Concerned Citizens Checked Their 'Conservative' Town High School Library for These Obscene Books Available to Students; Here's What Happened

DOJ Investigates Major School District Over DEI Programs

RFK Jr. Directs FDA to Study the Safety of Abortion Pills

Planned Parenthood Closes Houston Abortion Facility That Was Biggest in America

Democrat Prosecutor Sued after Dropping Charges against Woman Who Violently Assaulted Pro-Lifer

Kilmar Abrego Garcia's Final Order of Removal Stands as Judge Denies Motion to Reopen His Case

Gov't Shutdown Continues: White House Releases New Memo Exposing Dems' Demand for Nearly $200 B in Taxpayer-Funded Healthcare for Illegal Immigrants

Watch: Faith Revival Follows Charlie Kirk's Death As More People Attend Church and Read the Bible; 'This Is Bigger Than Charlie Kirk'