U.S. President Donald Trump on Thursday ordered the creation of a task force to study the U.S. Postal Service and its financial difficulties, after recently claiming without evidence that deliveries for Amazon.com Inc (AMZN.O) were costing the service money.
The task force will look into the post office’s business model, similar to a commission set up by U.S. President George Bush in 2002.
“The USPS is on an unsustainable financial path and must be restructured to prevent a taxpayer-funded bailout,” said the order, signed by Trump. It said the Postal Service had lost $65 billion since the 2007-2009 recession.
The Postal Service, which is supposed to be self-sustaining, must ask Congress for permission to raise rates and must pre-fund decades worth of retiree health benefits.
The order did not mention Amazon, which Trump has regularly criticized in recent weeks.
However, the order asked the task force to evaluate “the expansion and pricing of the package delivery market and the USPS’s role in competitive markets,” among other issues.
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