In fiscal 2015 the Postal Service was budgeted at $70 billion.2 There are about 500,000 employees, with non-management employees represented by two unions: clerks and letter carriers.
- Along with the other governors:
- Selects and fixes pay and term of service for the postmaster general, who becomes a member of the board, and those 10 board members select and fix pay and term of service for the deputy postmaster general, who also serves on the board (39 U.S.C. § 202)
- Appoints and has the power to remove the inspector general (39 U.S.C. § 202)
- Directs the exercise of the powers of the Postal Service
- Directs and controls the Postal Service’s expenditures
- Reviews the Postal Service’s practices
- Conducts long-range planning and sets policies on all postal matters
- Takes up matters such as service standards and capital investments
- Approves officer compensation
- Organizes and conducts the board’s meetings3