President Trump proposed bringing the independent service under the Commerce Department purview. That would upend decades of historical independence.

When President Donald Trump said that he might try to take over the U.S. Postal Service, he suggested that he could dramatically improve how Americans send and receive mail. The beleaguered institution, Trump insisted last month, would “operate a lot better.”

Elon Musk says both Amtrak and the USPS should be privatized, but experts say services would suffer from it, while rural areas could be cut off entirely.

Recent reports have indicated President Donald Trump intends to dissolve the board of governors for the U.S. Postal Service, strip the organization of its independence, and place it under direct control of the Department of the Treasury,

President Donald Trump has followed through on his temporarily delayed tariff threats. The US will impose a 25 percent tariff on goods imported from Mexico and Canada, while China will face an additional 10 percent tariff on top of the 10 percent tax previously enacted.

During a remote appearance at a Morgan Stanley technology conference in San Francisco, Musk said the U.S. government should privatize "as much as possible."

President Donald Trump's administration has ordered federal agencies to work with Elon Musk-led Department of Government Efficiency (DOGE) to prepare for mass layoffs, a memo released on Wednesday declared.