Can He Do That?

The coronavirus pandemic has left a tremendous number of businesses across the country without the revenue they’re used to. For the U.S. Postal Service, its losses in revenue — both from the pandemic and long predating it — present a different kind of challenge. The Postal Service isn’t a private company, it’s a federal agency, so the ways to solve its financial problems are murkier.While Congress has stepped in to include a $10 billion loan to the Postal Service in the Cares Act relief package, the service has not yet seen that money.Last week, President Trump threatened to block that $10 billion loan unless the Postal Service dramatically raised shipping costs for online retailers. Trump has urged the Postal Service to increase prices long before the coronavirus crisis began. His latest move though, the threat to block the agency’s loan, reflects an unprecedented attempt to seize control of this agency — notably America’s most popular government agency, according to the Pew Research Center.Meanwhile, time i