Reported about 12 hours ago
Elon Musk, advising President Trump on government reduction, argues that the U.S. Postal Service and Amtrak should be privatized to improve efficiency. At a Morgan Stanley conference, he stated, "we should privatize everything we possibly can," noting the Postal Service's significant financial losses and Amtrak's performance challenges compared to international standards. While Amtrak reported record ridership, it continues to operate at a loss. Musk's remarks follow Trump's controversial proposal to merge the Postal Service with the Commerce Department, a move criticized by Democrats.
Source: YAHOO