Trump Floats Merging ‘Tremendous Loser’ Postal Service With Commerce Department

President Trump revealed Friday that he’s considering merging the US Postal Service with the Commerce Department.

Trump told reporters in the Oval Office that his administration is looking at a “merger” of the two government institutions to increase efficiency.

“We want to have a post office that works well and doesn’t lose massive amounts of money, and we’re thinking about doing that, and will be a form of a merger, but it’ll remain the Postal Service, and I think it’ll operate a lot better than it has been over the years,” Trump said.

He had floated the consideration back in December after learning that the USPS lost $9.5 billion in the fiscal year ending Sept. 30, according to the Washington Post. The astounding loss was up from $6.5 billion the previous year.

The Postal Service has blamed its increase in losses on a jump in worker compensation and pension liabilities. (Read more from “Trump Floats Merging ‘Tremendous Loser’ Postal Service With Commerce Department” HERE)