President Trump said today that he would not approve any bailout for the U.S. Postal Service unless it dramatically increases its prices
“If they don’t raise the price, I’m not signing anything,” Trump said. “So they’ll raise the price, so they become more profitable, but so they lose much less money. If they don’t do it, I’m not signing anything, and I’m not authorizing you to do anything, Steve.”
Trump’s rhetoric, linking USPS to Amazon, is nothing new. He has slammed Amazon CEO Jeff Bezos for years, accusing his company of scamming USPS. Bezos, in addition to owning Amazon, also owns The Washington Post, a newspaper whose coverage has long been a source of frustration for the media-obsessed president.
House Speaker Nancy Pelosi on Friday told reporters that the USPS is a “necessary connection to the American people” who utilize it to get medicine, packages and for communication. She said she sees a “very big danger” in Republicans and the Trump administration’s interest in privatizing the post office — a notion she said the American people should be “aware of and reject.”
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