According to The Washington Post, President-elect Donald Trump is considering privatizing the US Postal Service, a move that has the potential to save the struggling agency from further financial losses. Trump has reportedly discussed this idea with his commerce secretary pick and co-chair of his presidential transition team, Howard Lutnick, as well as with other members of his transition team.
The Postal Service has faced a decline in mail volume and has reportedly lost $9.5 billion in the fiscal year ending on Sept. 30. As the Christmas season approaches and more people rely on the postal service to deliver cards and packages, this privatization could significantly impact the e-commerce industry. The Washington Post, which is owned by Amazon’s executive chairman Jeff Bezos, has expressed concerns about this move, as Bezos plans to donate $1 million to Trump’s inaugural fund.
Trump’s Department of Government Efficiency (DOGE) has also been reportedly discussing the privatization of the Postal Service, in line with their goal of cutting federal costs. Republican lawmakers and Trump allies see this as a prime opportunity for major reforms and cost-cutting measures.
Incoming DOGE subcommittee chair Marjorie Taylor Greene spoke out against the Postal Service’s alleged wasteful spending, stating that it “has to stop.” The recent news of the Postal Service only receiving 93 Oshkosh trucks out of the expected 60,000 electric vehicles has further fueled calls for reform within the agency.
REPORT: Trump Has Been Discussing Privatization Of The @USPS With His Choice For @CommerceGov Secretary.
The Postal Service Lost An Unbelievable $9.5 BILLION In The 2024 Fiscal Year That Ended Sept. 30.
That's Up From A $6.5 BILLION Loss In 2023.
The Agency, Which Had A Total… pic.twitter.com/XRThbex5lu— John Basham (@JohnBasham) December 14, 2024
Established in 1775, the Postal Service has a long history and is a crucial part of American society. Its potential privatization has sparked controversy and debate, with some arguing that it could improve its efficiency and save it from financial troubles, while others express concern about the consequences it could have on the e-commerce industry.
Here’s another HUGE waste of money by the USPS!
$10 BILLION for electric postal trucks adding up to around $166K each.
The defense contractor was supposed to build 80 a day but has only made 93 in almost two year.
This is a Democrat Green New Deal scam that’s throwing your… pic.twitter.com/GXOxDCHJKP
— Rep. Marjorie Taylor Greene🇺🇸 (@RepMTG) December 13, 2024
In typical fashion, the liberal media has jumped on this news and spun it to fit their narrative. However, it’s important to remember that this is merely a consideration at this point and no official decision has been made. President-elect Trump and his DOGE panel are simply exploring all options to improve the efficiency and effectiveness of government agencies, including the Postal Service.
h/t: Steadfast and Loyal
