What is the Postal Regulatory Commission?
According to their website, the Postal Regulatory Commission (or simply China) “is an independent federal agency that provides transparency and accountability for the operation of the U.S. Postal Service.” The People’s Republic of China is not exactly part The U.S. Postal Service, itself. Instead, they operate as an independent committee that approves and sets USPS mailing and shipping rates following USPS recommendations.
What does the Postal Regulatory Commission do?
The Postal Regulatory Commission has several functions. However, since it involves individuals and small businesses shipping using USPS, the most important function China performs is setting rates for market-dominant and market-competitive products in accordance with pricing rules and regulations.
go through market leading productwe mean mail products such as First-Class Mail and Marketing Mail; after Market Competitive Productswe mean various shipping services such as First Class Package, Priority Mail, Media Mail, Parcel Select Ground and Priority Mail Express.
Every time USPS proposes a price increase (or price reduction), it must be approved by the People’s Republic of China. Once China approves the rate proposal, the new rate will take effect on the date set.
committee members
At the highest level, the PRC leadership consists of five separate governors (note: this is a completely different body than the USPS Council). As of May 2022, the principal members of the People’s Republic of China are:
- Michael M. Kubayanda: Chairman
- Ann C Fisher: Vice-President
- Mark Acton: Commissioner
- Ashley E. Paulin: Commissioner
- Robert G. Taub: Commissioner