WASHINGTON – President Trump announced Friday that he believes he is merging with the US Post Office and the Commerce Department.
Trump told reporters in the Oval Office that his administration is considering a “merger” of the two agencies to improve efficiency.
“We want to have a post office that works well and doesn't lose a lot of money. We're thinking about doing that, and it's a form of merger, but that's the postal service. It remains a service. Trump said:
According to the Washington Post, he came to mind in December after learning that USPS lost $9.5 billion in the fiscal year ending September 30th. The incredible losses rose from $6.5 billion a year ago.
Postal Services denounced an increase in losses in the jump in workers' compensation and pension liabilities.
Integration with commercial transactions is a major change for institutions responsible for delivering mail throughout the country.
“This was an incredible loser for this country and the incredible amount they lost,” Trump told USPS reporters.
“And I think we can do something very good and keep a very similar way, but whether it's a merger, the very talented we have elsewhere. It's not that much because you use some of some people, that's it, it's a ridiculous amount.”
The president did not say whether Commerce's Howard Lutnick will be in charge of postal services if changes have passed.
The USPS dates back to the founding of America, with Benjamin Franklin serving as the first postmaster general.
Trump had proposed privatizing the postal service during his first term, but faced opposition from Congress.
Congress has the power to manage postal services under the constitution's postal clauses and raises doubts whether Trump actually has the power to completely dissolve the agency.
