Saturday, May 24, 2025

Sign the petition: Wells Fargo's plan to take over the Post Office

TELL CONGRESS: Wall Street is creating plans to privatize the USPS as a FedEx board member takes over as Postmaster General. This is a threat to the very existence of the postal service. Sign the petition: Don't let Wall Street privatize the USPS — save the Post Office!

Harris,

Trump and Wall Street are pushing for a private takeover of the Post Office.1 The appointment of the new Postmaster General — a board member of FedEx, a direct competitor to the USPS — is a concerning development for workers, consumers, and the very future of the postal service.

Corporate executives at FedEx and on Wall Street would love to reap the profits from privatizing USPS. Wells Fargo even has a plan to privatize the Post Office and make investors a lot of money.2

Putting a FedEx guy at the head of the USPS presents serious conflicts of interest that bolster Trump and Wall Street's privatization plans. Congress must step in to protect the Post Office and postal workers before it's too late.

Sign the petition: Don't let Trump, Wells Fargo, and Wall Street privatize the U.S. Postal Service!

The USPS is America's lifeline, delivering to every corner of the country. A postal service run by Wall Street privatizers would very likely throw away the universal service mandate that ensures delivery of prescription medication, ballots, letters from family and more to every single address in the nation — because it's not profitable.

We can't let Trump, CEOs, or the new, dangerous Postmaster General, David Steiner, tear down the USPS, sell it for parts, and place it into the hands of Wall Street billionaires. Prices will go up for consumers and small businesses, workers will face job cuts on top of the 10,000 already announced,3 and people will lose the mail service they need.

Sign the petition: Our lawmakers in Congress must defend the USPS from Trump, Wall Street, and the new Postmaster General. Save the Post Office from privatization!

Thanks for taking action,

Joey and the team at Demand Progress

Sources:

  1. Washington Post, "Trump expected to take control of USPS, fire postal board, officials say," February 21, 2025.
  2. Truthout, "Wells Fargo Wants to Privatize USPS. We Should Dismantle the Mega Bank Instead," May 11, 2025.
  3. Associated Press, "USPS agrees to work with DOGE on reform, planning to cut 10,000 workers," March 14, 2025.

 


Contributions to ActBlue Civics and Demand Progress Action are not deductible as charitable contributions for federal income tax purposes. Join our online community on Instagram or Twitter.

Receiving too many emails from Demand Progress? You can opt to pause emails from Demand Progress for a month. And of course you can unsubscribe from this list at any time.

No comments: