Fortune reports:
Postmaster General Louis DeJoy was a major Republican Party donor and Trump fundraiser—and was also the first postmaster general in two decades without prior USPS experience. Under DeJoy, the USPS has been bleeding money. In the first quarter of fiscal 2024 alone, USPS reported a $2.1 billion net loss, more than double its $1 billion net loss during the same time period last year.
“Under DeJoy, USPS has not adequately been controlling labor costs, while quality of service has been going down and prices going up,” said Robert D. Atkinson, president of the Information Technology Foundation. He’s been in his role since June 2020, and plans to serve his entire appointment. Plus, President Joe Biden doesn’t have the power to remove him from his post, despite how badly the agency is struggling. “Get used to me,” DeJoy said in February 2021.
Read the full article. There’s much more.
The Trump donor whom Biden can’t fire is running the U.S. Postal Service directly into the ground—just what everyone warned about when he was confirmed during the pandemic – FORTUNE https://t.co/YT2otM7V8K
— Jack Hopkins (@thejackhopkins) April 11, 2024