To also been subjected political assassination perpetrator to gain political advantage. I hope we can stick to the facts in this hearing today. One part of the false narrative is that the postmaster general is not appointed by president trump. The bipartisan postal board of governors engaged in a professional search for him, identified him as an outstanding candidate with the necessary background and skill set to tackle the enormous challenges facing the postal system. The bipartisan governors been to repeaty i want that, the unanimously approved his appointment as postmaster general. Mr. Dejoy reports to the board and not the president. Another false narrative is that a failure to provide funding to the Postal Service will undermine the election. The Postal Service currently has 15. 1 billion in cash on hand. Following a betterthanexpected Financial Performance during the pandemic. Delivery,urge in rather than being down, the Postal Service revenue is 1. 5 million higher this year tha
Politics is a business, whether people want to believe it. Our we leave this segment to go live to a Senate Hearing with postaster louis dejoy on Office Operations going into november. Mr. Dejoy, your decisions have cost americans their health, their time, their livelihoods, and their peace of mind. I believe you owe them an apology or the harm you have caused, and all of us some very clear answers today. Isuntry is anxious is anxious about whether the damage you have inflicted can be reversed and what other plans you have in store which could further disrupt liability and Timely Delivery of the Postal Service. If you plan to continue pursuing these changes, i think my colleagues and many of our constituents will continue to question whether you are the right person to lead this indispensable institution. Thank you. The tradition of this committee to swear in witnesses. Raise yourmr. Dejoy, right hand. Do you swear to tell the truth, the whole truth, and nothing but the truth, so help
Right hand. Do you swear to tell the truth, the whole truth, and nothing but the truth, so help you god . Postmaster dejoy i do. As postmastered general, and you spend more than 35 years developing and managing a successful nationwide Logistics Company as chairman and ceo of new breeze logistics. Beginning in 2014, mr. Dejoy served as the ceo of Xpo Logistics and after his retirement in 2015 he joined the companys board of directors where he served until 2018. Mr. Dejoy. Postmaster dejoy good morning chairman, Ranking Member pierce and members of the committee. Thank chairman johnson for calling this hearing. Proud to be with you on behalf of the women and men of the United States Postal Service the on june 15 i became 75th postmaster general. I did so because i believe the Postal Service placed plays a positive role in the lives of the American Public and lives of the nation. I also welcome the opportunity to lead this organization because i believe theres an opportunity for the Posta
It was also what came out of pmis. Taylor we had great pmis data. Really showing a divergence between the pmis that you were looking at out of europe where that recovery now seems installed. Most of the analysts said the pmi in the u. S. , dont take us one piece of data as the endall beall, but coming in higher than expectations and that existing home sales data, huge, not only talking about the move to the suburbs but the prices and demand, really something that shows the Housing Market not only in a recovery, but booming. Caroline we were hearing about the potential in real estate and diversified assets. Talk to us about those bets you are making. Where are you looking in that area . Christopher private equity is slow right now. There are not a lot of transactions. People cant travel and do their due diligence. The estate, we are on commercial side, not the residential. What is the value of a mall right now . The departments remain strong. The Office Market is uncertain because none
Time get that much time to speak. Number one, the reason why that is, is not anything about affirmative action. Its all because of one guy we were talking about earlier, scalia. You can you can listen to any oral argument on oyez. Org cspan 3 is live on capitol hill this morning where members of a house subcommittee are holding a hearing on u. S. Citizenship and Immigration Services. Live coverage on cspan 3. Such as subcommittee meetings and hearings and so the expectation is for members and witnesses who are physically present to please wear a mask except when you are speaking. Pursuant to notice and this subcommittees rules of procedure and statement of policy for private immigration bills i call up hr 7572, a private bill for the relief of median. The chair calls the bill for the purpose of requesting an investigative report from the department of Homeland Security and the stay of removal on behalf of the named beneficiary while that report is pending. Without objection i ask unani