Bloomberg News reports:
President Donald Trump said he is weighing a move that would absorb the US Postal Service, an independent agency, into the Department of Commerce, a sweeping change that comes as his administration looks to overhaul the US federal government.
Asked about a move to shift the agency into the Commerce Department, Trump said the idea he is considering “will be a form of a merger, but it will remain the Postal Service, and I think it will operate a lot better than it has been over the years,” in remarks from the White House on Friday.
The Washington Post first reported Thursday that Trump was preparing an executive order that would dissolve the Postal Service leadership and absorb the agency into the Commerce Department. A White House official said [lied] earlier Friday before Trump’s remarks that no such executive order was being prepared.
Read the full article. Trump made the remarks during the swearing-in of Commerce Sec. Howard Lutnick, who last night appeared on Fox to call for slashing “entitlements,” including Social Security and Medicare.