US Home to carry oversight listening to on struggling Postal Service

WASHINGTON (Reuters) – A U.S. Home of Representatives committee will maintain a Dec. 10 listening to on the U.S. Postal Service, which warned final month that it should proceed to chop prices or will stay on the trail to both a “authorities bailout or the top of this nice group as we all know it.”

The Home Oversight Committee will maintain a listening to with Postmaster Common Louis DeJoy, which mentioned “many households and small companies across the nation are nonetheless experiencing poor USPS service, leading to unacceptable delays.” Final month, USPS reported a internet lack of $9.5 billion for its fiscal 12 months ending Sept. 30, a $3 billion greater loss than final 12 months.