USPS axing its regulator is on the table, as it looks for ways to avoid running out of cash

The Postal Service, on the verge of running out of cash early next year, is pricing out a wide range of possible reforms that, if passed by Congress, could address the agency’s long-term financial problems. One of them would be eliminating its regulatory agency, which must approve USPS requests to raise stamp prices. USPS expects to run out of cash early next year, but is relying on some extraordinary measures to push back that financial cliff. Federal News Network’s Jory Heckman has more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.