President Trump has announced his consideration of merging the US Postal Service (USPS) with the Commerce Department to improve efficiency. This decision comes in light of significant financial losses reported by the Postal Service.
• Trump stated his plan during a press conference, emphasizing the need for a more effective postal system that isn't losing money.
• The USPS reported a major loss of $9. 5 billion for the fiscal year ending in September, an increase from $6. 5 billion the previous year.
• The rising costs of worker compensation and pension liabilities are cited as reasons for the losses.
• Trump described the USPS as a “tremendous loser” for the country and suggested that the merger would help address financial issues while keeping the Postal Service intact.
• He mentioned that options for the merger might include utilizing talented individuals from the Commerce Department to rectify the Postal Service's financial struggles.
• The potential merger would involve Howard Lutnick, a newly appointed head of the Commerce Department, although it remains unclear whether he would oversee the postal service post-merger.
• The USPS has deep historical roots in America, with Benjamin Franklin as its first postmaster general.
• Trump had previously proposed privatizing the USPS during his first term but faced opposition from Congress, which has authority over the Postal Service.
The proposed merger of the USPS with the Commerce Department could signal a significant change in how mail is delivered in the U. S. As the Postal Service faces financial challenges, Trump's plan aims to improve its operations and reduce losses, although the feasibility of such a merger remains uncertain without congressional approval.
https://nypost.com/2025/02/21/us-news/trump-floats-merging-postal-service-with-commerce-department/
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