President Trump tweeted that he “will never let our Post Office fail” after attacking the US Postal Service earlier Friday.
Trump criticized the USPS in his tweet saying, “It has been mismanaged for years, especially since the advent of the internet and modern-day technology” but goes on to praise those who work for the postal service.
“The people that work there are great, and we’re going to keep them happy, healthy, and well!” Trump tweeted.
During today’s bill signing ceremony in the Oval Office, Trump called the Postal Service “a joke” and claimed it needed to raise rates on companies like Amazon by four or five times.
Treasury Secretary Steve Mnuchin told reporters earlier "we authorized in the last CARE[S] Act over $10 billion in a loan."
"My team is already actively working on that with the postal service, if they need the money. And we’re dealing with them," he said. Mnuchin went on to say that “certain criteria for postal reform” would be included as part of that loan.
Trump then added that if the USPS doesn’t raise the price on packages, he won’t sign any legislation to provide it more funding.