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Back on May 5th, 2022 the United States Congress removed some of the financial shackles that had been placed on USPS. This comes right after USPS posted their Q2 financial results which highlighted that whilst revenue was up, mail volumes were down for the institution.
Speaking at the board of governors meeting Postmaster General Louis DeJoy was his usual candid self regarding the state of the USPS finance situation and making it known that higher postal rates would be a necessity in the future.
