President Trump stated Friday he was contemplating merging the U.S. Postal Service into his administration, calling the company a “tremendous loser” of cash.
“We want to have a post office that works well and doesn’t lose massive amounts of money, and we’re thinking about doing that,” Trump advised reporters within the Oval Workplace. “And it will likely be a type of a merger, however it’ll stay the Postal Service, and I feel it’s going to function quite a bit higher than it has been through the years.
“It’s been just a tremendous loser for this country, tremendous amounts of money they’ve lost,” he added. “And we think we can do something that will be very good and keep it a very similar way, but whether it’s a merger or just using some of the very talented people that we have elsewhere so it doesn’t lose so much.”
Trump’s feedback got here after Commerce Secretary Howard Lutnick was formally sworn in.
The Washington Submit reported late Thursday that Trump was getting ready to soak up the Postal Service into the Commerce Division and dissolve the company’s board, upending the company that handles tens of millions of items of mail and packages.
The Submit reported that the Postal Service’s management is predicted to carry a authorized problem if Trump seeks to dissolve the entity’s board.
Trump has beforehand mused about privatizing the Postal Service, and in 2020 the company drew his ire amid his tirades in opposition to mail-in voting. Trump in 2020 opposed funding for the Postal Service as a part of a stimulus bundle, suggesting the cash was so the group might absorb mail ballots.
