The US Postal Service has continued to operate during the coronavirus outbreak—even as more than 1,200 postal employees have tested positive and at least 44 have died from COVID-19.
Now, however, Treasury Secretary Steven Mnuchin wants to get his hands on the Postal Service’s operations and revenues.
The Washington Post reports that the Postal Service is facing a $13 billion shortfall this year because closed businesses have drastically reduced mailings. Mnuchin wants to take advantage of the situation and take “unprecedented control over key operations of the U.S. Postal Service”—in exchange for a loan to keep the Postal Service solvent.