Hi, I'm Dan Premack and welcome to Axios Recap, presented by Facebook.

Today is Monday, August 17th. Robin Hood's valuation is up, new COVID cases in the U.S. are down,

and we're focused on the future of the U.S. Postal Service.

As you've no doubt heard by now, the U.S. Postal Service is at the center of a battle

in Washington, D.C. Yeah, that U.S. Postal Service, the same one that delivers us bills and

birthday cards and bed bath and beyond coupons. Oh, and election ballots, which is why what began as a fairly mundane funding

crisis has become a political crisis. To catch you up, the Postal Service's Board of

Governors, appointed by President Trump, said earlier this year that it needs $25 billion in supplemental

funding, or else it will be insolvent by October.

Shortly afterwards, Trump appointed someone named Louis DeJoy to be the new postmaster

general. Some critics say DeJoy got the job primarily because he was a big money Trump donor,

not because he had run a large private delivery company. Trump, of course, claims he's qualified.

Either way, DeJoy has made some major changes to USPS, which appears to have the result of slowing down

mail delivery in many places. Not only does that currently impact delivery of such things as

prescription drugs and social security checks, but raises huge questions about the speed and security of mail-in ballots this

fall. Democrats, alleged to Joy, is intentionally kneecapping USPS to help the re-election

of President Trump, who is opposed to certain forms of mail-in voting. So Democrats have scheduled to vote on that

$25 billion in new funding for this Saturday and also asked DeJoy and USPS Board of

Governor's Chairman Robert Duncan to testify in front of the House Oversight Committee on Monday.

The chair of that committee, Representative Carolyn Maloney, recently won a primary in which

the decision wasn't finalized for six weeks due to problems related to mail and voting. She joins us

in 15 seconds. We're joined now by Congresswoman Carolyn Maloney, a Democrat representing New York's 12th District.

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