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The U.S. Postal Service is warning that it could run out of cash by October due to a devastating drop in business caused by the coronavirus pandemic. In video testimony to members of the Hou
stanley cup se Oversight and Reform Committee, Postmaster General Megan Brennan said Thursday that the USPS could run out of cash this fiscal year, which ends in September, according to a statement from the panel. The postal agency forecasts that it could see a $13 billion drop in revenue.Brennan said the drop in mail volumes during the coronavirus outbreak is steep and may never fully recover, according to a separate statement issued by the USPS. The financial crunch threatens the Postal Service s ability to operate, she added. The warning comes after lawmakers earlier this month flagged the financial stress facing the postal agency, saying it may not survive the summer without immediate aid from Congress or the White House. The Postal Service relies on the sale of postal products and services to fu
stanley cup nd our operations, and these sales are plummeting as a result of the pandemic, Brennan said in the statement issued by the USPS. I spoke with the Postmaster General again today. She could not have been more clear: The Postal Service will collapse without urgent intervention, and it will happen soon.Wersquo;ve pleaded with the White House to help. @realDonaldTrump personally directed his staff not to do so.
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Secretary of State Mike Pompeo says that the president anticipates making the case in his second address to the United Nations General Assembly that now is not the time to ease pressure on North Korea as the administration continues its maximum pressure campaign until complete and verifiable denuclearization is achieved.Mr. Trump earlier on Monday told reporters that that a second meeting with North Korean dictator Kim Jong Un would be taking place quite soon. Kim Jong Un wrote a letter, a beautiful letter, asking for a second meeting, and we will be doing that. Secretary Pompeo will be working that out. In the immediate future, it looks like it s moving very well, the president said. At last year s address to the U.N., Mr. Trump said that the North risked total destruction if it continued to pursue nuclear weapons, and he said of Kim, Rocket Man is on a suicide mission for himself and his regime. Pompeo would not confirm to reporters at Monday s briefing the timeline for when such a summit would take place, but said, Lord willing, I ll be traveling before the end or the year, to contin
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air max 1 discussions with his counterparts in Pyongyang. Pompeo said while he s optimistic North Korea will make good on its pledge to denuclearize, it would be foolish to set a certain date for how long the
yeezy U.S. will leave the door open for talks with North Korea. Make no mistake, the conversations are important, they re putting the opportu
