usps banking

Feb 7th

Issa says USPS advantages over private sector would make banking services proposal unacceptable

Issa seeks to stamp out Postal Service’s move into finance Allowing the U.S. Postal Service to expand into the financial service industry would be “unacceptable” and a “massive expansion” of the government power, a key lawmaker said Friday. As an executive branch agency, Rep. Darryl Issa, R-Calif., said any expansion of the Postal Service’s ability […]

Feb 7th

Senator Bernie Sanders supports USPS offering limited banking services

Sen. Bernie Sanders has fought cuts in service by the U.S. Postal Service.  He’s also sponsored legislation to let the Postal Service find innovative new ways to shore up its finances. A new report from the Postal Service suggests one way the agency could make as much as $8.9 billion in annual revenue would be to offer […]