U.S. President Trump said on the 21st that he is considering letting the U.S. Department of Commerce take over the U.S. Postal Service, saying that this merger will allow the U.S. Postal Service to operate better. Trump made the above statement while answering questions from the media in the Oval Office of the White House that day. He said that U.S. Commerce Secretary Howard Lutnick will study the department's takeover of the U.S. Postal Service. This move is to prevent the U.S. Postal Service from continuing to lose money, and hopes that the United States will have a well-functioning postal agency that "will not lose a lot of money."
According to a report by the Washington Post on the 20th, Trump is expected to sign an executive order as soon as this week to dissolve the U.S. Postal Service Management Board and bring this independent federal agency under the management of the Department of Commerce. The report said that the Trump administration’s move to place the U.S. Postal Service under its direct control “could plunge this 250-year-old postal agency and e-commerce transactions worth trillions of dollars into chaos.”
The United States Postal Service is an independent agency within the Executive Branch of the federal government. During his first term, Trump frequently criticized the U.S. Postal Service for its inefficiency and heavy losses.