Trump reportedly looks to privatize United States Postal Service

By Julianna Frieman | Daily Caller

President-elect Donald Trump is reportedly looking to privatize the U.S. Postal Service (USPS), three people familiar with the matter told The Washington Post in a report published Sunday.

Trump has made known his desire to detach the USPS from the federal government in conversations at his Mar-a-Lago estate, sources informed the outlet, including with Howard Lutnick, his commerce secretary pick and co-chair of his presidential transition team.

In early December, Trump also talked with a group of transition team officials to feel out their opinions on privatizing the agency, one person told the outlet.

As mail volume declines for the Postal Service, the agency has reportedly lost $9.5 billion in the fiscal year ending on Sept. 30, The Washington Post reported.

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