MARK JAMISON The House subcommittee on Federal Workforce, US Postal Service, & the Census held a hearing on Thursday, March 13, to receive testimony on the Postal Service’s $100 billion “unfunded liability.” Initially the hearing was billed as another Darrell Issa special. Issa is chairman of the Oversight and Government Reform Committee, under which this subcommittee serves, and the hearings he … Read More
Under same management: Some reservations about postal banking
MARK JAMISON A recent report by the USPS Office of Inspector General on offering financial services at the post office won immediate support from Senator Elizabeth Warren, and postal banking was thrust into the limelight. A big front-page story in Huffington Post entitled “Breaking the Banks” by Elizabeth Swanson offers polling data (and a poll of its own) that shows 44% of Americans favor letting the … Read More