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Nov 28

The form said he held between $100,000 and $250,000 in Amazon stocks as of mid-June, as well as stock options to purchase 100 shares in the company, which would allow him to buy shares of the company at just $1,960 a share. Click the link we sent to , or click here to log in. The developments related to DeJoy's finances come as the USPS finds itself already at the center of a political storm related to the looming presidential election and the expected surge in mail-in voting the agency will have to process due to the coronavirus pandemic. Assets in other postal companies were comparably limited, with investments in United Parcel Service ranging from $115,002 to $350,000 and investments in trucking company J.B. Hunt ranging between $1,001 and $15,000. “That particular contractor is a supply chain logistics company that is directly involved in the postal services processing of mail. He also owned shares in another USPS competitor, United Parcel Services (UPS), worth between $265,000 and $550,000. Video: USPS workers say agency isn't doing enough to protect them from COVID-19 (ABC 7 Chicago), Hundreds of Syrians exit Lebanese town over tensions, Iran's foreign minister hints at Israel playing role in scientist's death, Oakland mayor to make immunization more accessible as California vaccination rates drop, Nearly 7 million households at risk of eviction when moratoriums expire on Dec. 31, President Trump pushes baseless voter fraud claims as more of his campaign lawsuits fail, President-elect Biden urges Americans to stay safe over holidays, Andrea Woroch: How to avoid Black Friday traps, Trump to hold rally for Georgia Senators Perdue and Loeffler to energize Republicans, Control of Senate hangs on 2 Georgia runoffs, College basketball returns as pandemic rages across the nation, Mnuchin plans to move $455B in coronavirus relief out of Biden's reach, President Trump and President-elect Biden to throw their weight behind Georgia Senate candidates, Mogherini: 'The to-do list is very long on the world stage', Iran nuclear scientist assassinated outside of Tehran, Iran Nuclear Scientist Assassinated in Shootout, President Trump says he'll leave White House if the Electoral College votes for Biden, "Postmaster General Louis DeJoy's investments in [post office] competitors were already deeply problematic," Warren said in a tweet Thursday. The Washington Post story includes a statement from a DeJoy representative, which said DeJoy “will comply with any financial divestitures that are required.”, Similarly, in a statement provided to The Dispatch Fact Check, DeJoy said: “I take my ethical obligations seriously, and I have done what is necessary to ensure that I am and will remain in compliance with those obligations.” No divestment is is actually required in order to assume the office of postmaster general, as David Partenheimer, the manager of public relations for the postmaster general’s office, told The Dispatch Fact Check: “The Postal Service does not require the Postmaster General to divest any particular assets.” Instead, Partenheimer said the Postal Service may require the postmaster general to divest an asset “if a conflict of interest arises, and the Postal Service determines that his participation in the matter is so crucial that he may not disqualify himself.”. “When public officials have interests that conflict with the best interest of the public, it invites more scrutiny over moves undertaken by the Administration to slow mail delivery. Thursday a spokesperson for the USPS did not respond to ABC News' questions about DeJoy's current financial interest in XPO, whether a conflict of interest issue had come up or whether DeJoy has been made to divest any of his assets. Based on those documents it’s not possible to say precisely how much either she or her husband had invested in USPS contractors or competitors when the disclosure was filed. His financial disclosure report lists United Parcel Service Inc. class B shares valued at between $265,002 and $550,000, but DeJoy’s July 21 Periodic Transaction Report—which lists all his recent stock sales and purchases—reveals he sold off UPS class B shares in that value range on June 24. But for Kedric Payne, general counsel and senior director of ethics at the Campaign Legal Center, the new reported financial details together with the election concerns are a troubling combination. Enter Search term for Search USPS.com Top Searches PO BOXES PASSPORTS FREE BOXES Postal Store Stamps Supplies Cards & Envelopes Collectors Gifts Business Supplies Saved Search Store All Results 1 - … Shaub, however, said what he sees as a conflict “absolutely” rises to the level worthy of an investigation. Photograph by Caroline Brehman/CQ-Roll Call/Getty Images. See USPS economical prices, free shipping boxes, and how to print postage labels online. Postal Service ® offers refunds and exchanges for stamp-related merchandise and stamped stationery when the products you receive are damaged or otherwise unusable due to mishandling or other circumstances outside of your control. Claims that Postmaster General Louis DeJoy has more than $70 million invested in competitors to the Postal Service have gone viral on social media the past few weeks. Please. Given the wide range of possible asset values and the fact that XPO Logistics is a USPS contractor rather than a competitor, it is not accurate to say that DeJoy has more than $70 million invested in USPS competitors. MORE: 'I don't trust it': Is Trump's false rhetoric on vote-by-mail resonating.

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