USPS OIG Blog – June 28, 2021 As the nation struggled with containing the fast-paced coronavirus outbreak, instances of pandemic-related mail theft and mail fraud were also spreading. Indeed, over the course of a year, the U.S. Postal Inspection Service (USPIS) received 339,747 complaints of mail fraud and mail theft, leading the agency to open…
USPS News Release – April 2, 2021 The U.S. Postal Service continues to track our COVID-19-Related Operating Expenses consistent with our understanding with the Department of the Treasury. As of March 31, 2021, we have been reimbursed for such expenses in the cumulative amount of $8.648B pursuant to the terms of the CARES Act as…
The Postal Service has reached an agreement with the U.S. Treasury Department on terms and conditions associated with a new lending authority that could allow USPS to borrow as much as $10 billion. The lending authority was established under the Coronavirus Aid, Relief and Economic Security Act — also known as the CARES Act —…
