New Postmaster General Appointment Sparks Privatization Fears
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David Steiner, former CEO of Waste Management and current FedEx board member, will become the next Postmaster General of the U.S. Postal Service (USPS) in July. His appointment, announced Friday, has sparked concerns from postal unions who fear privatization efforts. Unions cite Steiner's background as a conflict of interest, given FedEx's competition with USPS. Steiner, however, has expressed commitment to maintaining the USPS's independence. The USPS is currently undergoing a 10-year modernization plan aimed at cost-cutting and improved efficiency.
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