President Trump indicated he is contemplating merging the U.S. Postal Service, which faces substantial financial difficulties, with the Commerce Department. During a recent event, Trump acknowledged the agency's struggles, citing an $87 billion loss over 14 years and its inability to meet service standards. The Postal Service, governed by a bipartisan board, has recently experienced heightened challenges due to increased package deliveries during the pandemic. Trump proposed that a merger might streamline operations and reduce losses, reflecting a desire to reassess the agency's role and efficiency within the federal structure.
"Considering a merger of the U.S. Postal Service with the Commerce Department highlights the federal agency's ongoing financial struggles and the pursuit of restructuring for efficiency."
"Trump emphasized his intention to keep the Postal Service largely unchanged while exploring a merger or downsizing to mitigate its significant financial losses."
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