The bipartisan poster board of governors engaged the professional search firm that 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 unanimously approved his appointment as postmaster general. Mr. Dejoy reports to the board, not the president. Another false narrative that has been a failure to provide another false narrative 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. Rather than being down, the Postal Service revenue is actually 1. 5 billion higher this year than during the same period last year. The postal system would have funded its longterm and entire healthcare liabilities as they were incurred. Because they didnt, those unfunded liabilities now total 120 billion. Unfortunately, the 2006 p
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
A summer without rodeos, a mule kick to rural america. And later, the concert that covid could not cancel. This is the cbs weekend news. , washington. This week marks a milestone in the evolution of our democracy. 100 years since women obtained the right to vote. It wasnt given. They fought for it for 41 years and the 19th amendment made it so. Election day this year is 79 days away, but earlier in states that allow absentee or mailin voting. Now, voting in a pandemic means an unprecedented number of ballots will be mailed. But there are worries the post office might not deliver all ballots on time. Toy the post office announced a 90 day moratorium on the removal of collection boxes. This has been seen in several states. President trump blames democrats, not his new postmaster general for concerns hovering over the verifiable handling of more mailin ballots. But today there is another issue, a deeply personal one. Late yesterday the president s younger Brother Robert died in new york.
Chambers testify about their concerns. From february until april of 2020. But the closure rates for minority owned businesses are significantly higher with 41 of blackowned businesses, 32 of latino acts owned businesses and 22 of asian businesses. They closed over the same time frame. Now, in april of this year the federal return bank of new york reported that minority and women owned businesses are significantly more likely to show signs of limited Financial Health and are twice as likely to be classified as at risk for distress then nonminorities Small Businesses. Further, companies are three times likely as healthy businesses to close because of [inaudible]. The pcp program established under the cares act and administered by the Small Business administration and treasury as funding lifeline for distressed businesses responding to the culminating pandemic. What recent analysis by the color of change and the u no space United States found only one in ten African American and late lati