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Postmaster General Louis DeJoy on Tuesday announced that he would be stepping down as the U.S. Postal Service tries to recover from hundreds of billions of dollars in predicted losses within the next decade.
DeJoy, who was appointed during President Donald Trump's first term, notified the Postal Service Board of Governors that it was time to find a suitable successor.
"While there remains much critical work to be done to ensure that the Postal Service can be financially viable as we continue to serve the nation in our essential public service...
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