Postal Regulatory Commission
From Wikipedia, the free encyclopedia
The United States Postal Regulatory Commission is an independent regulatory agency created by the Postal Reorganization Act of 1970 to set the rates for different classes of mail by holding hearings on rates proposed by the United States Postal Service. It recommends rates to the Postal Service Board of Governors, which in turn may accept or reject the rates.
It is composed of five Commissioners each appointed to a six-year term of office by the President and confirmed by the Senate. The President designates one Commissioner as Chairman.
The name was changed from Postal Rate Commission on Dec. 20, 2006.[1]