President-elect Donald Trump has shown significant interest in privatizing the U.S. Postal Service in recent weeks, according to a report from the Washington Post on Saturday, citing sources familiar with the discussions.
Trump, who is set to take office on January 20, has talked about privatizing the Postal Service with Howard Lutnick, his nominee for commerce secretary, during conversations at Mar-a-Lago, the report stated.
The United States Postal Service (USPS) is an independent federal agency tasked with providing postal services across the country. Established on July 26, 1775, by the Second Continental Congress, the USPS is one of the nation’s oldest and most trusted institutions.
Over the years, the USPS has introduced numerous innovations, such as the first postage stamps in 1847 and the widespread use of ZIP codes in the 1960s. Today, it is a self-sustaining entity, funded primarily through the sale of postage and services rather than taxpayer funding. The USPS operates more than 40,000 post offices and maintains a fleet of over 220,000 vehicles, making it one of the largest civilian employers in the U.S.
The USPS is vital to the country’s infrastructure and economy, providing essential services such as mail delivery, package shipping, and money orders. Committed to offering universal service, the USPS ensures affordable and reliable access to postal services for all Americans, regardless of their geographic or economic situation.