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FROM THE OFFICE OF PUBLIC AFFAIRS

January 6, 2003
PO-3730

Media Advisory
Presidentís Commission on U.S. Postal Service Holds
First Meeting on Wednesday

The Presidentís Commission on the U.S. Postal Service this week will hold its first meeting, and will hear testimony from senior officials from the Treasury Department and the Postal Service.

The meeting, which is open to the public and media, will be held at 8:30 a.m.-12:00 p.m. EST on Wednesday, January 8, 2003 at the Hotel Washington, 15th Street and Pennsylvania Ave., N.W., Washington, DC.

Those speaking before the Commission include Treasury Under Secretary for Domestic Finance Peter R. Fisher, Postmaster General John E. Potter, and Chief Financial Officer and Executive Vice President of the Postal Service Richard Strasser.

The nine-member bipartisan Commission, established by President Bush on December 11, 2002, will identify the operational, structural, and financial challenges facing the Postal Service; examine potential solutions; and recommend legislative and administrative steps to ensure the long-term viability of postal service in the United States. The Commission is co-chaired by James A. Johnson, Vice Chairman of Perseus, L.L.C., and Harry Pearce, Chairman of Hughes Electronics Corporation. The Commission will submit its report to the President by July 31, 2003.