US Postal Service Chief told Congress Tuesday that it will be out of cash in less than 12 months and faces server financial crisis

The warning from the US Postal Service Chief highlights serious liquidity concerns, which could have broader implications for public sector funding and related sectors.

Newsquawk StaffPublished 16 Mar 2026, 13:54 UTCOn the live feed at 13:34 UTC — 8 more headlines followed before this page went public

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13:39

US eyes Zambia's critical minerals in exchange for HIV aid, New York Times reports

13:37

US President Trump says "we can destroy power plants in one hour, but if we do that, rebuilding will take years", says "war is a small price to pay after years of Iranian regime terrorism, and oil prices will fall once it ends", Al Jazeera reports citing

13:34

US Postal Service Chief told Congress Tuesday that it will be out of cash in less than 12 months and faces server financial crisis

13:31

EU imposes sanctions on Chinese and Iranian entities for cyber attacks against EU member states

13:29

BofA raises Brent oil forecast to USD 77.50/bbl in 2026 (vs prior forecast of USD 61/bbl) amid ongoing Strait of Hormuz situation; should the Middle East conflict extend into H2, BofA sees Brent averaging USD 130/bbl

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Context

This raises questions about potential government action or restructuring efforts that may affect market sentiment and confidence in public services. Traders should monitor potential shifts in fiscal policy or public sector investment flows as a result.

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