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U.S. Postmaster General Louis DeJoy Announces Plans for Successor Amid USPS Financial Reforms

U.S. Postmaster General Louis DeJoy has announced his intention to identify a successor, aiming for a smooth transition and continued progress on the USPS's 10-year Delivering for America reform plan. Despite financial challenges, including significant losses, USPS reported a rare net profit in the first quarter of fiscal 2025. DeJoy's tenure has been marked by efforts to modernize the agency and implement cost-cutting measures, amidst criticism and declining first-class mail volumes.