Postmaster General Louis DeJoy speaks during a news conference Dec. 20, 2022, in Washington. On Tuesday, the U.S. Postal Service announced that DeJoy was stepping down. (AP Photo/Jose Luis Magana)
"After four and half years leading one of America’s greatest public institutions through dramatic change during unusual times, it is time for me to start thinking about the next phase of my life, while also ensuring that the Postal Service is fully prepared for the future," he added.
DeJoy said a timely and methodic approach is needed to find someone to lead the organization, followed by a "period of dedicated focus" to position the Postal Service for financial success.
"I am extremely proud of the 640,000 men and women of the United States Postal Service who live, work and serve in every American community," he said. "Despite being victimized by a legislative and regulatory business model that produced almost two decades of devastation to their organization and workplaces, they have persevered and embraced the changes we are making in order to better serve their fellow citizens."
MASSACHUSETTS USPS LETTER CARRIER ROBBED WHILE DELIVERING MAIL IN NEIGHBORHOOD, TEENS ARRESTED
In this photo illustration, U.S. Postal Service (USPS) forever stamps are displayed on July 12, 2024 in San Anselmo, California. (Justin Sullivan/Getty Images)
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In 2023, the USPS reported a $6.5 billion net loss for that fiscal year. At the time, operating revenue fell $321 million, or 0.4%, to $78.2 billion compared to the same period in 2022, as first-class mail fell to the lowest volume since 1968.
Louis Casiano is a reporter for Fox News Digital. Story tips can be sent to louis.casiano@fox.com.
https://www.foxnews.com/politics/postmaster-general-louis-dejoy-stepping-down-us-postal-service-financial-turmoil