President Trump on Friday threatened to block an emergency loan to shore up the U.S. Postal Service unless it dramatically raised shipping prices on online retailers, an unprecedented move to seize control of the agency that analysts said could plunge its finances into a deeper hole.
Democracy Dies in Darkness
Trump says he will block coronavirus aid for U.S. Postal Service if it doesn’t hike prices immediately
The president said the postal agency should quadruple its package delivery prices, otherwise he would block congressionally approved funding
By Lisa Rein
and April 24, 2020 at 7:22 p.m. EDT