On March 17, 2026, Postmaster General David Steiner testified before the House Subcommittee on Government Operations and delivered an alarming update: The Postal Service would run out of cash within twelve months barring significant Congressional action. Less than three months later, Congress has been provided new insights into the Postal Service’s circumstances and additional encouragement to unequivocally address the future of government mail and package delivery in the United States.
On June 4, 2026, Postal Regulatory Commission (PRC) Vice Chairman Robert G. Taub testified before the Subcommittee on behalf of the full Commission. His testimony was a clear-eyed account of the Postal Service’s financial condition, how it got there, and what must happen next. And while Vice Chairman Taub did not fully agree with PMG Steiner’s prognosis or prescription, he echoed the need for definitive Congressional action in the near future.
The hearing is a reminder for surface transportation suppliers that the future of one of their most significant clients is being actively discussed in the halls of Congress and that major change could await in the years ahead that may impact their business.
Steiner has openly campaigned for the abolishment of the PRC and it’s 30 million dollar budget, so I don’t know why the PRC is holding back and advocating for what must be done first; cutting Saturday delivery and cutting management jobs. Steiner is a huge disappointment. Coming from the private sector, surely he recognizes that the current management structure and numbers are unsustainable. At Waste Management, if you didn’t “touch the trash, “ you were expendable. At the USPS, volume continues to fall and he adds more management and headquarters jobs. We all know congress isn’t composed of the brightest bulbs, but if they punt on this opportunity to pare the bureaucracy down significantly, Steiner or his replacement will be back soon with their hand out yet again.