WASHINGTON, May 31 (Reuters) – A request by the U.S. Postal Service (USPS) to raise prices of first-class mail stamps to 73 cents from 68 cents effective July 14 has been approved, regulators said Friday.
The Commission strongly encourages the Governors to consider exercising their business judgment, consistent with statutory and regulatory requirements, not to
increase rates by the full amount permitted by law.
The Postal Service is rejecting calls for its regulator to further scrutinize network modernization plans — although it concedes such a review may be legally required further along in its implementation.
As demonstrated above, the Postal Service has appropriately exercised our discretion under Section 3661 to this point and has therefore satisfied the Show Cause Order.
Representatives of the Postal Regulatory Commission and the Postal Service met on May 15, 2024 to share information of interest concerning the operations of both organizations.
The News/Media Alliance submitted comments to the Postal Regulatory Commission (PRC) on May 9 regarding the continuing concern of rate increases on periodicals.
Today, President Joe Biden announced his intent to nominate the following individuals to serve as key leaders in his Administration
Washington, DC –Late in the afternoon yesterday, the Postal Regulatory Commission issued its FY 2023 Annual Compliance Determination (ACD) assessing the Postal Service’s compliance with regulations regarding rates and service performance.