Trump unhappy with recommendations, people say.
The report, prepared under the guise of Treasury Secretary Steven T. Mnuchin, was delivered to the White House on Aug. 10 as originally scheduled. However, President Trump was unhappy with the recommendations and postponed the report’s release, according to these people. It is unclear what parts of the report the President was unhappy with. No one knows the report’s contents besides a circle of White House officials and those involved in the report’s preparation.
An Aug. 30 report in the publication “Government Executive” said the White House would keep the report secret until after the mid-term elections in November.
The possible privatization or sale of USPS was one of the issues that the report had been expected to address. However, widespread Congressional opposition to such a measure is likely to eliminate it from consideration, according to one of the people familiar with the matter.
In June, Trump directed the Treasury Department to study ways to reform USPS’ operations and pricing mechanisms. The report was expected to address whether USPS needed to raise its parcel rates to improve its profitability. At the same time, the administration proposed a restructuring of the quasi-governmental agency that would either restore its money-losing model to sustainable profitability, or position it for privatization either through an initial public offering or a sale to another entity (USPS).
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