USPS Could Privatize As Early As Next Year

Friday, December 27, 2019
By Nicole Goodkind, Fortune

The right to an inexpensive, public postal system in the United States has roots that go back further than most amendments recorded in the Bill of Rights.

In 1775, Benjamin Franklin ran the post office and used it to sustain communications between a small group of revolutionaries who would soon wage a winning war against the largest empire in the world. In 1792, George Washington and James Madison created legislation to allow newspaper companies to send their products through the mail at very low rates and to protect correspondence from any prying eyes. That act is credited with cementing Americans’ rights to free information and privacy.

But the Postal Service as a public, government-run entity is not guaranteed, and advocates in Congress, President Donald Trump’s administration, and consulting firms like McKinsey & Co. have called for privatization of the agency for some time.

Read the full story from Fortune

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