Trump, Musk Renew Privatization Push As USPS Faces Uncertain Future After Postmaster General Resignation

Benzinga

According to the Associated Press, the U.S. Postal Service faces an uncertain future following the resignation of Postmaster General Louis DeJoy. President Trump and Elon Musk have renewed talk of privatizing the mail service. Postal worker unions held nationwide protests this week, warning that privatization could hurt rural Americans who rely on the service. Trump recently floated moving USPS under the Commerce Department, while Musk said the administration should privatize anything reasonably privatized.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02U.S. Postal Service faces an uncertain future following the resignation of Postmaster General

00:06Louis DeJoy, according to the Associated Press. President Trump and Elon Musk have

00:10renewed talk of privatizing the mail service. Postal worker unions held nationwide protests

00:16this week, warning that privatization could hurt rural Americans who rely on the service.

00:21Trump recently floated moving USPS under the Commerce Department,

00:24while Musk said the administration should privatize anything that can be reasonably privatized.

00:30For all things money, visit Benzinga.com slash GSTV.

Category

Transcript

Comments

Recommended