The removal of both U.S. Postmaster General Louis DeJoy and Ron Bloom, chair of the Postal Service Board of Governors, was demanded Friday night after it was reported that DeJoy had purchased hundreds of thousands of dollars worth of publicly-traded bonds from an investment firm for which Bloom is a managing partner—a transaction critics say is a gross breach of government ethics.
With Bloom and DeJoy—both appointed during former President Donald Trump’s tenure—already under fire from defenders of the U.S. Postal Service for a scheme to slow mail service and undermine the nation’s federal mailing system from within, the new reporting by the Washington Post revealed that DeJoy “purchased 11 bonds from Brookfield Asset Management each worth between $1,000 and $15,000, or $15,000 and $50,000” between October of 2020 and April of this year. Continue reading →
Postmaster General Louis DeJoy said during a House Oversight Committee hearing Wednesday that he intends to remain in his role “for a long time” and added, “Get used to me.”
But critics were quick to note that how long DeJoy remains postmaster general is ultimately up to the Postal Service Board of Governors, which is composed of up to nine Senate-confirmed officials who have the authority to remove and replace DeJoy. The postmaster general does not serve a fixed term. Continue reading →