02/27/2025
Blog Post
In a document circulated within the banking industry, Wells Fargo equity analysts argue that postal privatization could be a huge money-maker for investors. They advise the administration to sell off the most profitable parts of the service – primarily packages and parcels, while putting taxpayers on the hook for the rest.
02/25/2025
The Independent
Millions of Americans in rural areas depend on the agency for prescription drugs, checks, online purchases and election ballots. In hard-to-reach parts of the country, delivery is often accomplished by the Postal Service instead of large corporations like UPS, FedEx or Amazon due to high fuel costs, labor intensity and increased distances.
02/18/2025
Federal News Network
Postmaster General Louis DeJoy is planning to step down from his role, and is calling on the Postal Service Board of Governors to start looking for his successor.
DeJoy, in a letter dated Monday, told the USPS Board of Governors to begin searching for a new postmaster general. DeJoy took office in June 2020.
02/17/2025
Mother Jones
At a December 2024 press conference in Mar-a-Lago, Donald Trump said his administration would be looking into privatizing the United States Postal Service, renewing efforts from his first presidential term to limit government programs and services. The Washington Post reported that same month that Trump stated the government should not subsidize the agency due to its annual financial losses.
05/14/2021
Gov Exec
Congress on Thursday took multiple actions to support the U.S. Postal Service, advancing legislation to relieve the agency of some of its financial burdens and providing it with additional leadership.
04/19/2021
Sierra Sun Times
05/13/2021
Bloomberg News
The right kind of arrangement would help the USPS as well as millions of unbanked Americans.
05/03/2021
Gov Exec
U.S. Postal Service officials in recent days defended the agency’s plan to slow down delivery for some mail to members of the public, suggesting the reform would achieve significant savings and allow its customers to follow a more predictable schedule.
The question-and-response session came as part of the Postal Regulatory Commission’s review of the mail delivery window changes, issued under Postmaster General Louis DeJoy’s 10-year plan to eliminate USPS losses. Postal officials defended the models they used in making assumptions related to their plans, though they repeatedly stated they did not evaluate the impact on particular groups or reach out to customers at all.
03/30/2021
Forbes
Elva Ramirez
Online alcohol sales, during the pandemic, have surged. The U.S. Postal Service’s fortunes, during the same time, cratered. What if alcohol delivery could save the U.S Postal Service?
03/28/2021
NBC News
By Mary Pflum
When U.S. Postmaster General Louis DeJoy laid out plans Tuesday for the future of the post office, he pointed to higher postage rates and slower first class mail as a means of stemming postal service losses he says could reach $160 billion.
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