Top postalnews.com stories of the week July 26-August 1

  1. USPS Board of Governors to meet Aug. 7
  2. Postmaster General Statement on Operational Excellence and Financial Stability
  3. USPS Reaches Agreement with Treasury on $10 Billion CARES Act Lending Authority
  4. Lawmakers Warn ‘Onerous’ New USPS Loan Terms Imposed by Mnuchin ‘Could Accelerate Demise of Postal Service’
  5. How Trump Is Slowing Down The Post Office In The Year Of The Mail-In Ballot
  6. If you’ve received a package of seeds in the mail, don’t open them. Here’s why
  7. Reno Letter Carrier Eugene Arao, father of three, dies after being struck by lightning
  8. USPS responds to Washington Post Article on CARES Act Lending Authority
  9. Senator Manchin Asks Postmaster General For Clarification On Post Office Closures Across West Virginia
  10. NPR Audio: Postal Service Tests Changes To Mail Delivery System In 200 Cities

USPS responds to Washington Post Article on CARES Act Lending Authority

WASHINGTON, DC — Pursuant to the terms that will apply to borrowing under the CARES Act, the Postal Service will provide the Department of the Treasury with certain information regarding our costs, revenues, and overall financial position. This includes providing Treasury, under strict terms of confidentiality, with those contracts that generate the most revenue for the Postal Service. Continue reading