Elizabeth Warren wants probe of Amazon options held by Postal chief DeJoy

Published by CNBC.COM

Summary generated on August 13, 2020

    A USPS spokesman, when asked for comment about Warren's tweet, in an email reply pointed to a statement issued by DeJoy last week.

    Warren's tweet linked to a CNN report on Wednesday, which said that DeJoy continues to hold at least at least $30 million in holdings in his former company XPO Logistics, which is a United States Postal Service contractor.

    DeJoy, who previously worked as chairman and CEO of New Breed Logistics, a company that had contracted with the U.S. Postal Service, was selected as Postmaster General in May by the USPS's board of governors.

    DeJoy before his selection also had been a major Republican Party fundraiser.

    Congressional Democrats last week sent DeJoy a letter demanding that the USPS reverse operational changes he had recently implemented, which the Democrats said could delay the delivery of mail-in ballots for the presidential and congressional elections on Nov. 3.