[Code of Federal Regulations] [Title 39, Volume 1] [Revised as of July 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 39CFR221.2] [Page 36] TITLE 39--POSTAL SERVICE CHAPTER I--UNITED STATES POSTAL SERVICE PART 221--GENERAL PRINCIPLES OF ORGANIZATION--Table of Contents Sec. 221.2 Board of Governors of the Postal Service. (a) The Board of Governors directs the exercise of the powers of the Postal Service; reviews the practices and policies of the Postal Service; and directs and controls its expenditures. (b) For composition of the Board of Governors, see Sec. 3.1 of this chapter. [38 FR 20403, July 31, 1973, as amended at 51 FR 40796, Nov. 10, 1986]