In its $2.2 trillion coronavirus relief package, Congress authorized a $10 billion loan for the U.S. Postal Service, projecting a $13 billion shortfall this year because of the COVID-19 pandemic and its hit on mail, catalogs, and advertisements. But Treasury Secretary Steven Mnuchin rejected a bipartisan push for a USPS bailout in the package, and before he approves the emergency USPS loan, he wants unprecedented leverage over how the independent agency is run, The Washington Post reports.
Mnuchin has been pushing for significant changes at the USPS since President Trump named them as a priority in an Oval Office meeting more than a year ago, the Post reports. Trump has publicly criticized the Postal Service for years, usually pairing his grievances with USPS management and Amazon and its owner, Jeff Bezos, who also owns the Post.
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