Firing Of Entire US Post Office Board Proposed By Congressman

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The twice impeached ex-president who lost the popular vote twice, Donald Trump, promised to “drain the swamp” right before filling it to the brim with his own swampy friends, including the CEO of a shipping company who donated a significant amount of money to the ex-president’s campaign before landing the job of postmaster general of the United States Post Office. While Trump did not appoint DeJoy, the board of governors who did were all hand-selected by Trump, and they’re not budging on getting rid of him despite evidence of clear corruption and conflicts of interest.

 

Rep. Bill Pascrell, Jr. (D-NJ) sent a letter to President Joe Biden on Monday demanding that the board of governors be replaced after information came to light showing that the company DeJoy founded and ran for years prior to coming to the post office, XPO Logistics, received a $120 million contract with the USPS. Pascrell pointed out that only Biden can fire the board of governors for cause, and there is no clearer cause than what has already been revealed.

‘Despite the litany of public abuses, staggering malfeasance, and shameful tribulations, every member of the postal board of governors appointed before your inauguration has remained silent or in support of DeJoy’s catastrophic management. Your power to remove postal governors “for cause” is absolute. It would be difficult to identify clearer cause than the refusal of board members to protect USPS from chaos and ruin. Each legacy board member should be fired and then DeJoy shown the door before the damage they are inflicting becomes irreversible.’

 

The board of governors has refused to address DeJoy’s clear conflicts of interest, and the reasons why were also released in breaking news recently. One of the members of the board of governors, Ron Bloom, the manager of Brookfield Asset Management, is in business with DeJoy elsewhere, who purchased bonds from Bloom’s company.

The Washington Post reports that:

‘Between October and April, DeJoy purchased 11 bonds from Brookfield Asset Management each worth between $1,000 and $15,000, or $15,000 and $50,000, according to DeJoy’s financial disclosure paperwork. Ron Bloom, a Brookfield senior executive who manages the firm’s private equity division, has served on the postal board since 2019 and was elected its chairman in February.’

While DeJoy is no longer with XPO Logistics and gave up his shares in the company before becoming postmaster general, DeJoy still leases space in one of his many properties to XPO Logistics, giving him a firm financial interest in the company.

According to The Washington Post:

‘The leases could generate up to $23.7 million in rent payments for the DeJoy businesses over the next decade, according to a person who shared details of the agreements with The Washington Post but spoke on the condition of anonymity to discuss confidential financial arrangements. In 2018, when DeJoy sat on the company’s board, XPO reported similar figures with the Securities and Exchange Commission. The leases run until 2025 and can be extended until 2030, according to those filings.’