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USPS Posts $2.5 B Loss, Requests Congressional Aid

8/9/2026

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Summary

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USPS reported a $2.5 billion net loss for its fiscal third quarter and urged Congress for aid.
Steiner said Senate ZIP-code legislation could cost the USPS $800 million.
He said the agency will raise stamp prices in January instead of July 2027.
Steiner warned that without congressional aid the USPS may cut service, close thousands of offices, raise prices, and has lost over $120 billion since 2007.

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Story summary

USPS reported a $2.5 billion net loss for its fiscal third quarter and urged Congress for aid.
Steiner said Senate ZIP-code legislation could cost the USPS $800 million.
He said the agency will raise stamp prices in January instead of July 2027.
Steiner warned that without congressional aid the USPS may cut service, close thousands of offices, raise prices, and has lost over $120 billion since 2007.