Trump Considers USPS Privatization in Potential Second Term

1 min read
Source: The Guardian
Trump Considers USPS Privatization in Potential Second Term
Photo: The Guardian
TL;DR

Donald Trump is considering privatizing the US Postal Service (USPS) during his second term, citing its financial losses. Discussions have taken place with Howard Lutnick, Trump's commerce secretary pick, and other officials. Privatization could disrupt shipping and affect federal workers, but Trump argues the USPS should not be government-subsidized. The USPS, a self-sustaining agency since 1970, reported a $9.5 billion loss in the last fiscal year. Trump's specific plans remain unclear, but he has previously clashed with the USPS over its operations and funding.

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