May 6, 2021 Last week a group of U.S. Legislators sent a letter to Congress urging consideration of pilot programs for postal banking as part of the Fiscal Year 2022 Financial Services and General Government Appropriations Bill. The letter asks for $6,000,000 to implement the pilot programs which are intended to “expand its [the USPS]…
DetailsMay 7, 2021 WASHINGTON – The U.S. Postal Service today announced its financial results for the 2021 second quarter ended March 31, reporting a net loss of $82 million, compared to a net loss of approximately $4.5 billion for the same quarter last year, as a pandemic surge in demand for package deliveries was not enough…
DetailsApril 28, 2021 The Honorable Mike Quigley The Honorable Steve Womack Chairman Ranking Member Subcommittee on Financial Services and General Government House Appropriations Committee Washington, D.C. 20515 Dear Chairman Quigley and Ranking Member Womack, We write to strongly encourage you to include the below language supporting postal non-bank financial services pilot programs in the Fiscal…
DetailsHouse Of Representatives. Postal Bills and Resolutions introduced in the 117th Session of Congress Bills: HR 1102: To amend title 39, United States Code, to establish rules and procedures for the United States Postal Service regarding the use of centralized delivery of the mail with respect to residential housing units, and for other purposes. Introduced…
DetailsOn January 13, 2021 Representative Stephen Lynch introduced House Resolution 47, which seeks to avoid privatization of the US Postal Service. The Resolution has been referred to the Committee on Oversight and Reform. The Resolution reads, “Expressing the sense of the House of Representatives that Congress should take all appropriate measures to ensure that the United States…
DetailsThe USPS joined with leaders from six organization representing Postal Service employees to identify problems and create solutions to the service performance issues that have plagued the USPS. The National Task Force, which will focus on specific facilities held its first meeting on March 22, 2021. “Recognizing that issues in certain facilities across the country…
DetailsRevenue at Fiscal Year End was between $2.9 billion and $6 billion greater than projected. USPS OIG Report March 29, 2021 On March 29, 2021 the USPS Office of the Inspector General reported on a self-initiated audit of USPS finances to determine the effects of the pandemic on Postal finances. From March of 2020 through…
DetailsEffective February 2021 Representative David McKinley, WV-1 introduced Resolution – HR 119 to encourage Congress to restore US Postal Service delivery standards to July 1, 2012 levels. Rep. McKinley has introduced a Resolution with the same goal in the 114th, 115th, 116th and now the 117th Session of Congress. The Resolution reads in part, “Expressing…
DetailsMarch 8, 2021 Representative Carolyn Maloney, Chair of the House Oversight Committee, has introduced two postal related bills. The first, H.R. 1307, introduced 2-24-2021, would “amend Title 39 of the US Code to require mail-in-ballots to use the Postal Service barcode service, and for other purposes.” The second, H.R. 1582 introduced 3-3-2021, would “clarify and…
DetailsThe USPS has awarded the contract to build its Next Generation Delivery Vehicles (NGDV) to Oshkosh Defense. Oshkosh Defense, will build between 50,000 and 165,000 NGDVs over the next 10 years. 2023 is the year the new vehicles will begin service. NGDVs will be both electric and gasoline powered. Additionally, looking toward the future and…
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