Trump Calls for Ending Quarterly Earnings Reports for Public Companies
TL;DR Summary
President Trump proposed allowing public companies to report earnings biannually instead of quarterly, citing cost savings and management focus, but experts warn this could reduce transparency and increase risks of fraud. The SEC would need extensive review to change the longstanding quarterly reporting rule, and such a shift could lead to more market volatility and less oversight.
- Why Trump wants companies to report earnings less frequently NPR
- Trump endorses dramatic shift to the US economy CNN
- Trump Proposes to Cut Quarterly Reports for Public Companies The New York Times
- Trump advocates end to quarterly earnings reports CNBC
- Trump says public companies shouldn't have to report quarterly anymore Axios
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