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Trump orders Postal Service review

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President Donald Trump signed an executive order signaling a review of the U.S. Postal Service's finances.

The move comes after Trump claimed the USPS is losing “many billions of dollars a year” through its financial arrangement with Amazon. He claims the Postal Service loses $1.50 for every Amazon package it delivers.

“A number of factors, including the steep decline in first-class mail volume, coupled with legal mandates that compel the USPS to incur substantial and inflexible costs, have resulted in a structural deficit,” Trump said in the order. “The USPS is on an unsustainable financial path and must be restructured to prevent a taxpayer-funded bailout.”

Read more from The Verge.

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