Did Biden's Postmaster General set up illegal bank? | Beaufort County Now | Check cashing service

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It appears that the U.S. Postal Service, under Biden’s Postmaster General, Louis DeJoy, violated federal law by trying to get the Postal Service into the check-cashing business. For years, it’s been something the postal workers union and progressive activists have long desired. House Republicans on the Financial Services Committee recently called DeJoy out for the scheme in an April 20 letter.

On or around April 1, 2022, the U.S. Postal Service (USPS) extended an unsuccessful pilot program for check cashing services. The pilot program—which allows customers to cash payroll and business checks up to $500—was launched in September 2021 without approval from Congress or the Postal Regulatory Commission (PRC). The program violated long-standing prohibitions that prevent USPS from offering or developing new non-postal products, and over the course of four months, it proved extremely unpopular. It is therefore unclear why, and on what basis, the program has been extended.

As of its launch, the program violated a statutory restriction on offering or developing new products outside the scope of USPS’s traditional postal services. Moreover, the decision to extend the program puts USPS in direct contravention of language in the Consolidated Appropriations Act, 2022, which was signed into law on April 6, 2022 and specifically prohibits taxpayer funds for pilot programs related to non-banking financial services.

https://redstate.com/joesquire/2022/04/27/dont-look-now-but-did-bidens-postmaster-general-set-up-an-illegal-bank-n556952


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