HYDE-SMITH, COLLEAGUES DENOUNCE USPS EXPANSION INTO BANKING
HYDE-SMITH, COLLEAGUES DENOUNCE USPS EXPANSION INTO BANKING
In Letter, Senators Air Concerns that Shift Would Undermine Timely Mail Delivery
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.), with Senator John Boozman and others, today demanded the U.S. Postal Service (USPS) provide the statutory authority by which it launched a new banking pilot program, which the lawmakers consider a threat to mail delivery and a misguided attempt to federalize financial services.
Nineteen Senators...