In January of 2014, the USPS Office of Inspector General (OIG) issued a white paper (see Client Report POSTAL5) exploring how USPS could provide an array of financial products, sparking a loud outcry from banks, and strong support from Sen. Elizabeth Warren (D-MA) and others hoping to side-step banks. Now, the OIG has released a new report that details several approaches the Postal Service could take to enter the market and, thereby, salvage itself.
The full report is available to retainer clients. To find out how you can sign up for the service, click here