Postal Service wants to raise cost of mailing a letter to 58 cents

(CNN) —  

The US Postal Service on Friday proposed raising the cost of mailing a letter to 58 cents, an increase that’s within the range of recent years and comes as Postmaster General Louis DeJoy pursues sweeping changes with an eye on the agency’s finances.

DeJoy, an appointee of former President Donald Trump, announced a 10-year plan for the agency in March that included longer first-class mail delivery times…