USPS Postmaster General David Steiner Urges Congressional Action on Financial Model Amidst Progress
During the November 10, 2026, USPS Board of Governors meeting, Postmaster General and CEO David Steiner highlighted the United States Postal Service's significant operational improvements and financial challenges. Steiner reported positive trajectories in service, operational performance, cost control, and revenue generation for fiscal year 2026. The USPS has seen consistent month-over-month service improvements, driven by network transformation, expert decision-making, and enhanced end-to-end visibility. Cost control measures have also been effective, with the USPS meeting cost goals despite fuel and inflation headwinds, reducing 19 million work hours. Revenue goals are being met through effective pricing strategies and product development, with package volumes and revenue showing growth. However, Steiner emphasized that despite these internal successes, the USPS faces systemic financial instability due to its legislatively dictated business model and uncontrollable costs associated with retirement plans....