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Not know your background you are the 75th postmaster general. The first one is behind you i can see Benjamin Franklin so he was the inventor of the post Office Postal service you have been your native is new york, he went to college in florida and then you went back to your familys business and you built up move it to go and North Carolina. Built into one of the larger List Companies in the nighted states. And youve been very involved in philanthropic activities, thank you for giving us your time today. Let me ask you at the outset when you agreed to become postmaster general, did you realize ...

Percent. In europe also seeing a bit of a mixed picture. The ftse is higher, up by 0. 3 points in france, the cac is under pressure in germany, the stocks are Weaker Crude Oil prices up yesterday for the sixth session in a row this morning up once again up 21 cents to 44. 96 blue apron pricing an ipo last night, 10 a share. Thats the low end of the reduced range the Company Announced yesterday, well below the estimates of 15 to 17 a share. Blue apron raised 300 million ahead of its debut on the New York Stock Exchange later today. Thats a third less than it had hoped. Staples going private. Th...

Important to know the approach were taking here. Are there costs to be cut . Yes. Are the things we can do to become more effective . More efficient . Yes. But i also believe the Postal Service is a vital tool of commerce and a thriving vibrant, productive Postal Service is essential to our economy. We cannot ignore this. Think about the world of the internet, think about the way commerce is moving, the way we communicate, how we send bills and kmoocommunicate as a nation. You have to have a vibrant, thriving Postal Service to achieve that. Thats why i think so many people are here today and r...

Mail, they face an unprecedented financial crisis. Since 2006, mail volume has declined more than 25 or about 60 billion of pieces of mail annually. Theyve lost money for nine straight years. They face mounting longterm financial challenges. They have 54 billion for retiry health care and has exhausted its statutory debt limit and it lacks the funds it needs for critical infructure investmeinv. And a Delivery Fleet think about all the millions and millions of postal boxes that need somebody to come deliver the mail to them. It is a miraculous thing that for less than 50 cents, you can put a st...

Finishing up here at the National Press club. You can see this on our website cspan. Org. Going to a conversation with World Bank President jim yong kim. Hell be talking about preventing the next pandemic. This is happening at center for strategic and International Studies here in washington. Should start in just a moment. Good morning and welcome to csis. Welcome to those who are joining us online and those who are coming in via cspan and else where. Its an honor to be here today to welcome dr. Jim yong kim president of the world bank to speak on how to better prepare ourselves for future out...