Trump creates task force to examine US Postal Service

USPS Releases National and Local Dog Bite Numbers for 2018

USPS Releases National and Local Dog Bite Numbers for 2018

The executive order comes as some perceive Amazon as a big benefactor for the Postal Service, bringing it more business at a time when letter deliveries are slumping.

The federal government will be taking a closer look at the U.S. Postal Service's finances.

The task force will be chaired by Treasury Secretary Steven Mnuchin.

Citing $65 billion of cumulative losses since the 2007-2009 recession and the Postal Service's inability to make payments required by law for its retiree health benefits, the executive order says "prompt, reliable and efficient universal mail services" are at risk.

"The USPS is on an unsustainable financial path and must be restructured to prevent a taxpayer-funded bailout", the president said in an order that was released Thursday night.

Yulia Skripal Issues Statement, Declines Help From Russian Embassy
Yulia Skripal , poisoned daughter of Russian ex-spy Sergei, has rejected assistance from the Russian embassy "at the moment". Britain has called for an OPCW meeting next week to discuss the results of the organization's report.

But Trump has been criticizing the company for months, accusing it of not paying its fair share of taxes, harming the postal service, and putting brick-and-mortar stores out of business.

Trump's advisers say his outbursts about Amazon often are triggered by what the president perceives as negative coverage of him by The Washington Post, which Bezos owns personally.

President Trump appears to be ramping up his fight with Amazon.

The U.S. Postal Service has been roiled by the same gale-force technology winds, as Americans abandoned mail for email and other electronic communication.

Since signing a landmark five-year contract in 2013 to deliver packages on Sundays, Amazon and the Postal Service have declared their business relationship a success, although the terms of the contract are confidential.

Oklahoma's Largest Teachers Union Says The Walkout Is Over
The state legislature only approved a fraction of that funding demand and teachers made no further progress since last Friday. I think they need to pay attention to the fact that we are their constituents.

The White House didn't immediately respond to a request for comment.

"I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy", Trump wrote on Twitter on April 3. As traditional mail declines, package delivery is booming: up by 589 million pieces previous year.

The task force will be assigned to study such factors as pricing in the package delivery market.

The Postal Accountability and Enhancement Act in 2006 made it illegal for the Postal Service to ship parcels at below cost.

In response to an op-ed that appeared in the Wall Street Journal a year ago, USPS Chief Financial Officer Joseph Corbett wrote that it is "inaccurate" to say that the Postal Service delivers packages "below cost".

Rumoured UFC changes could result in HUGE McGregor bout
The incident took place after a media-day event at Barclays and McGregor turned himself in to the cops Thursday evening. UFC 223 in Brooklyn is now in the rear-view mirror, with Khabib Nurmagomedov emerging as the new lightweight champion .

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.