Saudi Wealth Fund Moves Billions from Blue Chips to ETFs: Saudi Arabia's sovereign-wealth fund has sold shares valued at over $5.5 billion in several major multinational corporations just months after buying into them as the financial fallout from the coronavirus pandemic weighed on global stock-market prices. Louis DeJoy, the fatcat donor whom the president installed in order to destroy as much of the USPS as he can, is hard at work. Louis DeJoy has been chosen to lead the United States Postal Service at a critical moment. Sen. Bernie Sanders on Monday became the latest lawmaker to demand the immediate resignation or removal of Postmaster General Louis DeJoy, a major Republican donor to President Donald Trump whose brief tenure as head of the most popular government institution in the U.S. has brought major nationwide slowdowns in package delivery less than 90 days before an election that … The House Oversight and Reform Committee is calling new Postmaster General Louis DeJoy to testify about changes to the Postal Service, but they’re letting that testimony wait until September 17.

The U.S.

If so, he will be a welcome addition to the postal family and our proud tradition of public service.In this extraordinary time of the pandemic crisis, reliable, affordable and universal postal services are needed more than ever. We may earn a commission from these links. Every product was carefully curated by an Esquire editor. By Charles P. Pierce Aug 10, 2020

This content is created and maintained by a third party, and imported onto this page to help users provide their email addresses. WASHINGTON — Louis DeJoy, a Republican donor, fundraiser and an ally of President Donald Trump, has been named the next Postmaster General of the U.S. The Postal Board of Governors made a unanimous request to Congress for immediate and direct financial assistance to the Postal Service. Longtime Trump ally and fundraiser Louis DeJoy will serve as the new postmaster general for the US Postal Service, the USPS Board of Governors announced Wednesday. Postal Service (USPS) Office of Inspector General (OIG) is launching a dual-pronged investigation into Postmaster General Louis DeJoy in response to a request from Sen. Elizabeth Warren (D-Mass. We hope that Mr. DeJoy will join in this essential request for emergency assistance to replace revenue lost due to the economic impact of the pandemic and to ensure continued public postal services.When outgoing Postmaster General Megan Brennan announced her retirement, the APWU joined with other national organizations in petitioning the Postal Board of Governors to select a replacement “who is fully committed to universal service and the public ownership of the Postal Service.” The people deserve nothing less.Through many Postmasters General and Administrations, the objectives of the American Postal Workers Union and proud postal workers have remained steadfast, as they do today: decent jobs, safe working conditions, job security, social justice, and an enhanced and vibrant public Postal Service for generations to come.

... 'It's just relentless': 23-year-old loses dad and steps up to keep the family farm alive. By CST Editorial Board Jul 15, 2020, 7:03pm CDT Share this story Aug 04, 2020 . This commenting section is created and maintained by a third party, and imported onto this page. Louis DeJoy, the fatcat donor whom the president installed in order to destroy as much of the USPS as he can, is hard at work.Was it Louis DeJoy or Ben Franklin, who once said...The continued assault on old Ben’s brainchild, the United States Postal Service—which, for all the cheap stand-up humor directed at it over the decades, has a Not that it matters to him, nor to the president* who’s running him, but DeJoy Destroying the USPS is the most Republican thing this administration* has done, except for trying to gut Social Security and Medicare. Mr. DeJoy has a choice as he assumes the reins of our national treasure, enshrined in the U.S. Constitution, which has overwhelming popular support equally among Republicans, Democrats and Independents from the most populated urban centers to the smallest rural towns.He can choose to be a Postmaster General who implements the destructive plans of this White House: raising postal rates, cutting services, undermining stable union and family-sustaining jobs and selling the public Postal Service to corporations for their private profit.And if that is his choice, Mr. DeJoy will be met with stiff resistance from postal workers and the people of this country.Or Mr. DeJoy can prove true to his stated commitment to the public Postal Service, its employees and our mission binding the country together through universal service to all. Louis DeJoy's downsizing drive has included curbs on overtime and the removal of post boxes. Esquire participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites.

Trump’s Attack On The Postal Service = Attack On Democracy. This strike also recreated the United States Postal Service as an independent agency, designed to be free from the political patronage and cronyism that had plagued the old Post Office Department.The APWU is deeply concerned with the appointment process to make Mr. Louis DeJoy, a multi-million-dollar major donor to President Trump, the next Postmaster General and whether the Administration has returned to the days of political interference and patronage.Since gaining its independence in 1970, the Postal Service’s commitment to quality universal service to all the people of this country, at uniform and reasonable rates, has made the United States Postal Service the world’s most affordable and reliable postal service and the country’s most trusted and highest rated government agency.