4 ms·

Can they raise the price of stamps without congressional approval? Can they cancel Saturday delivery without congressional approval?

• mathattack 12y ago
  I'm not sure of the legal footing, but I put them closer to public than Fannie Mae or Freddie Mac. The government has to approve their overages, and they have no private capital. (Or do they?)
  • ericcumbee 12y ago
    Government Sponsored Enterprise is the term you are looking for.
    • mathattack 12y ago
      Yes - GSEs. But the GSEs have private capital. I don't think the post office does.
  • tacostakohashi 12y ago
    https://www.google.com/finance?q=OTCBB%3AFNMA https://www.google.com/finance?q=OTCBB%3AFNMA https://www.google.com/finance?q=OTCBB%3AFMCC https://www.google.com/finance?q=OTCBB%3AFMCC