The U.S. Postal Service should not move into “postal banking” with new financial services offerings, according to a report issued today by a Treasury Department task force focused on postal reform.
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ABA and the Financial Services Roundtable wrote to leaders of the House Committee on Oversight and Government Reform today to express support for the Postal Service Reform Act of 2016, a bipartisan bill introduced by Committee Chairman Jason Chaffetz (R-Utah) and Ranking Member Elijah Cummings (D-Md.).