The US Postal Service is facing an uncertain future after the resignation of Postmaster General Louis DeJoy and President Donald Trump’s suggestion to privatize it. Unions representing postal workers have staged protests across the country, warning that allowing private corporations to run the mail service will harm everyday citizens, particularly those in rural areas.
President Trump has expressed support for privatizing the USPS, citing competition from Amazon and other private companies as a reason. However, union leaders argue that this would be detrimental to the public service, which relies on customer fees and subsidies from Congress to stay afloat.
The Postal Service has been struggling financially due to declining profitable mail services and rising retiree benefits costs. Despite reporting a $144 million profit last quarter, the service still faces significant losses and is considering major changes under the next postmaster general.
Union leaders hope that the next leader will stick with DeJoy’s modernization plan and explore new services to provide to the public, such as basic banking and electric vehicle charging.
The fate of the USPS now hangs in the balance, with Trump’s proposal sparking fears over what the future holds for this beloved national service.
Source: https://apnews.com/article/us-postal-service-privatization-trump-musk-dejoy-692d56e701f3853af4ce914832a33124