Showing posts with label AMERICANS FOR FINANCIAL REFORM. Show all posts
Showing posts with label AMERICANS FOR FINANCIAL REFORM. Show all posts

Saturday, April 18, 2026

Save the Post Office from Privatization! Tell Congress: Reverse Bad Postal Policy to Stop USPS from Going Broke Now!

                                        

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Save the Post Office from Privatization! Tell Congress: Reverse Bad Postal Policy to Stop USPS from Going Broke Now!

The United States Postal Service is being pushed toward a financial breaking point that could cause it to run out of cash as soon as February of next year, and only Congress can fix it.

The Postmaster General has warned that the current financial crisis at USPS could “lead to the end of the Postal Service as we know it” if lawmakers fail to act. This crisis did not come out of nowhere. It is the result of years of bad postal policy decisions that drained billions from the Postal Service and tied its hands.

Donald Trump and his greedy corporate buddies would love to see a privatized Postal Service. They want to throw entire communities under the bus, outsource delivery, and sell the post office off piecemeal to make millions. We cannot allow that to happen. It would mean higher costs for families, the risk of service shutdowns for rural communities, and the loss of a public institution that guarantees universal access to mail.

Congress must remove the financial barriers that will allow USPS to stabilize its finances and create a sustainable future.

In 2022, the Postal Service Reform Act was one step that ended requirements such as the pre-funding of retiree health benefits and restrictions on pricing and some service expansion. It is time to completely untie the Postal Service’s hands and allow the agency to fully manage benefit and retirement funds, pension investments, and to extend the agency’s borrowing authority that hasn’t been adjusted for inflation since 1992. And Congress must reverse the law restricting the USPS from providing new services that could generate new streams of revenue.

Removing these policy restrictions will allow the Postal Service to continue delivering our mail and serving the public effectively, saving the agency billions of dollars per year.

The Postal Service is not supposed to be a profit machine. It is a lifeline for communities across the country.


Take action to save the Post Office! Click ‘START WRITING’ to sign and send a message demanding Congress reverse bad postal policy and stop privatization now.

197,925 Letters Sent
Only 6,875 more until our goal of 204,800

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    Sunday, June 1, 2025

    Trump’s stablecoin is a scam

     


    Americans for Financial Reform


    Trump’s crypto scam is spiraling out of control and Americans for Financial Reform (AFR) is leading the charge to expose it and stop it. As I told The Guardian:

    "Crypto investors have already lost millions betting on the Trump memecoin, even as Trump and his partners at World Liberty have made millions through fees. Now, with the launch of a Trump-backed stablecoin, they’re effectively issuing their own private currency while pressuring Congress to pass a bill with light-touch regulations, overseen by Trump loyalists inside the regulatory agencies, and daring anyone to object."

    This isn’t just about a few shady crypto-coins, it’s about rigging the entire system to let Trump and his billionaire cronies get rich while working families are left holding the bag.

    At AFR we’re fighting forcefully and relentlessly in Congress and in the media with everything we have to change the narrative on cryptocurrencies and stop these scams before more people get ripped off.

    Working with key leaders, like Sen. Elizabeth Warren and Rep. Maxine Waters, we’re pushing regulators to restore enforcement and mobilizing grassroots outrage to stop Congress from legalizing this looting.

    If we don't stop them, we will end up with a financial system designed by and for crooks, grifters, and insiders. Donate now to help us stop Trump’s crypto scams, protect consumers, and defend financial justice before it’s too late.

    DONATE

    Trump’s crypto scams aren’t happening in a vacuum.

    They’re part of a broader, dangerous effort to dismantle protections for consumers, destroy transparency in financial markets, and turn the economy into an unregulated playground for the ultra-rich.

    Trump has stacked federal agencies with cryptocurrency friendly officials, gutted enforcement of anti-fraud rules, and turned the government into a tool for his own personal enrichment. The Trump family is setting itself up to profit from legislation that Congress is fast-tracking to completion. World Liberty Financial, the Trump family's crypto firm, is just getting started.

    We’ve defeated Wall Street’s worst schemes before, from payday lending rackets to junk fee scams and we can beat Trump’s crypto con too. But we need resources and relentless organizing to build the people power that can match the money Trump’s allies are spending. Fund the fight against Trump’s crypto scams now!

    Thank you for standing with us in this fight.

    -Mark

    Mark Hays (he/his)
    Associate Director, Cryptocurrency and Financial Technology
    Americans for Financial Reform

    Support the campaign

    Wednesday, May 14, 2025

    RE: Help us stop Trump’s crypto scams, protect consumers, and defend financial justice

     

    Americans for Financial Reform


    Last week, thanks to you we had a major victory – for the first time in recent memory the crypto industry suffered a legislative defeat.

    Most thought that last Thursday the crypto industry had a lock on a procedural vote in the Senate to pass the deeply flawed GENIUS Act – a bill that would legitimize risky crypto assets known as stablecoins and bless Trump's own shady crypto deals involving his very own stablecoin.

    But, thanks to your activism and outcry from consumer groups, good government groups and many more, the GENIUS Act's many flaws, including it's failure to address Trump's crypto corruption, became impossible to ignore: Senate Democrats took a stand, using the filibuster to defeat the vote and block movement on GENIUS – for now.

    This week, Republicans and the crypto industry are trying again. They’ve ratcheted up pressure on Senate Democrats to make another attempt at moving the bill forward with an anticipated vote as soon as Thursday morning.

    That’s right, they plan to try again and we need to stop them – again. Please sign and send a direct message to your members of Congress, both Democrats and Republicans, demanding they stop this dangerous bill now.

    SIGN & SEND

    While negotiations on new bill text are ongoing, it's likely that any bill changes will be mere window dressing, and will fail to address Trump's unconstitutional crypto dealings.

    Nothing good can come from crypto legislation that fails to address these profound conflicts of interests and instead enables Trump's shady deals and his allies in the crypto industry.

    Every Senator needs to understand that the public doesn’t support the crypto industry’s corrupt scheme and Senate Democrats specifically must stand strong to reject movement on the GENIUS Act once again. The vote may be as soon as tomorrow. Please send your message now.

    We can beat the billionaires backing this crypto fraud.

    Thanks for taking action today.

    -Mark

    Mark Hays (he/his)
    Associate Director, Cryptocurrency and Financial Technology
    Americans for Financial Reform

    P.S. If you’d like more information, I’ve copied and pasted my message from last week below.


    --- Original Message From Last Week ---

    Tony,

    Donald Trump and Elon Musk want to print their own money. Now, they have a bill in the Senate, the GENIUS Act, that would let them do exactly that. No guardrails on their corruption.

    The GENIUS Act is a Trojan horse. It would allow corporations like X/Twitter, Meta, and even Trump’s own family firm to create stablecoins, a digital token that is like a private currency. The bill has no meaningful consumer safeguards, will help enable more money-laundering, and pave the way for a major crypto crash.

    Last week we learned that the Trump family is making a $2 billion deal with a Middle Eastern fund using his family’s own stablecoin. If that alone wasn’t bad enough, one of the firms involved, Binance, has already admitted to federal money laundering charges. This is exactly the kind of international corruption and legal evasion that the GENIUS Act would legitimize .

    Senate Republicans want to fast-track this bill but some Democrats are drawing a line in the sand, demanding real guardrails against corruption, money laundering, and consumer abuse. If they don’t succeed, this dangerous crypto scheme could become law very quickly.

    We cannot let that happen. We need to make one thing clear immediately: Tell your Senators to vote NO and block the GENIUS Act, protecting people from Big Tech’s crypto schemes now.

    SIGN & SEND

    This bill isn’t about innovation, it’s about letting billionaires launder money and political corruption. It opens the door to market manipulation, untraceable bribes, and endless scams. And it will allow Trump and his family to enrich themselves without any meaningful limits.

    Trump and Musk want to get rich using stablecoins so they can cash in before the next crash. They’re not afraid of the next crash because, if it happens, they know working people will be left holding the bag. Just like in 2008. Just like with all sorts of crypto scams. Just like with every financial crisis caused by deregulation and greed. We’ve seen what happens when crypto collapses: people lose their savings, markets seize up, and fraudsters walk away rich.

    This may be our last real chance to stop the GENIUS Act. And there will be no way to put the toothpaste back in the tube.

    Tell your Senators to vote NO and block the GENIUS Act, protect consumers, and stop Trump’s crypto scam. Please sign and send your message now.

    Thanks for standing up to billionaire crypto fraud.

    -Mark

    Mark Hays (he/his)
    Associate Director, Cryptocurrency and Financial Technology
    Americans for Financial Reform

    Support the campaign

    Sunday, May 11, 2025

    FedEx Exec soon to be Postmaster General

     

    Save The Post Office Coalition


    Donald Trump and his billionaire allies like Elon Musk want to break up and sell off the Postal Service, one of America’s most trusted public institutions, to the highest bidder. Wall Street is already licking its lips.

    They don’t care that veterans won’t get medications on time. That seniors will pay more just to get mail and packages. Or that the most rural areas including hundreds of Indigenous communities will be left behind, without access to affordable postal services.

    Wall Street sees profit margins. We see people. And we refuse to let them win.

    FedEx and UPS already slap surcharges on 62% of ZIP codes. And if the USPS is privatized, these hidden fees will skyrocket, with working-class families, rural communities, and small towns left paying the price.

    Now, the USPS Board of Governors has installed Donald Trump’s pick as the next Postmaster General: FedEx’s David Steiner.

    That’s right, Steiner currently serves on the FedEx board, holds 34,438 shares of FedEx common stock, currently worth $7.4 million, and owns FedEx stock options worth millions more. Now, he’s set to hold the top position at the United States Postal Service where he can sabotage from within and fast-track Trump’s privatization plans.

    We must stop him. Contribute whatever you can – $5, $25, $2500 – whatever you can afford and rush the resources we need to protect the post office now.

    RUSH A DONATION >>

    This is terrible news, but this fight isn’t over. Not even close.

    Thanks to public outcry and our relentless coalition organizing, Trump’s original privatization plan was an executive order to fire the Postal Board and move the agency under the control of the Commerce Department and we stopped it dead in its tracks.

    Now, we’ve delivered over 300,000 letters to Congress demanding they pass H.Res.70 and S.Res.147 to block privatization. With over 200 co-sponsors, we have bipartisan support from Republicans representing dark red districts to Democrats in dark blue ones and everywhere in between.

    The only way to kill Trump’s privatization plan for good is to keep applying pressure.

    Rush a donation to help us crush Trump’s privatization plan and keep the Postal Service public, protected, and powerful for every ZIP code in America now.

    We will succeed, but only if we don’t give up. Thank you for being a critical part of this team.

    - Annie and the Save the Post Office Coalition Team

    P.S. For more information, please see my message from yesterday below.


    --- Original Message ---


    Thanks to reporting by The Washington Post, we found out with almost no time to mobilize that the USPS Board of Governors was considering installing FedEx official David Steiner as the next Postmaster General.

    Our nationwide network immediately took action, sending an incredible 22,277 direct messages to the postal board in less than 24 hours. Thank you.

    Unfortunately, we still have to deal with the reality of a FedEx guy running USPS:

    According to the most recent FedEx proxy statement, Steiner holds 34,438 shares of FedEx common stock, currently worth $7.4 million. He also owns FedEx stock options worth millions more. Put another way: he has a monetary interest in slowing or destroying the Postal Service.

    We can’t sugarcoat it. This is worse than when Trump installed DeJoy, much worse. DeJoy was a disaster, but at least he wasn’t on the board of a company that would actively profit from USPS’s destruction. Installing Steiner opens the door for corporate sabotage from within, handing control of one of our most beloved public institutions over to someone whose financial interests are directly opposed to the USPS’s success.

    This is a disaster, but we can’t give up. Instead, we must redouble our efforts and fight to win. We often stopped the worst impacts of Louis DeJoy’s failed leadership, we can – and will – do it again. But we need your support in this fight. Please rush a contribution now.

    If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:

     
     
     

    This fight isn’t over. We will not let the Trump administration, FedEx, or the postal board of governors privatize the post office. Not now. Not ever.

    Rush a contribution to fund our work leading the Save the Post Office Coalition and together we’ll stop Trump’s privatization plan now.

    - Annie

    Annie Norman (she/her)
    Campaign Director
    Save the Post Office Coalition
    Americans for Financial Reform

    Support This Campaign

    Week in Review | The Liars of the Ruling Class and Those Who Pay the Price

                      LOTS OF POSTS IGNORED BY BLOGGER..... OR REMOVED ON THEIR WHIM! ALL POSTS ARE AVAILABLE ON MIDDLEBORO REVIEW AND SO ON BLO...