Trump's Proposal to End Quarterly Reports Sparks Investor and CEO Debate
TL;DR Summary
U.S. Treasury Secretary Scott Bessent supports President Trump's proposal to replace quarterly company reports with semiannual reports, arguing it would benefit investors by reducing compliance costs and aligning the U.S. with international standards, potentially making the U.S. more attractive for foreign companies, despite concerns about transparency and investor protection.
- Bessent: Trump's push to scrap quarterly company reports will be a win for investors CNBC
- Trump endorses dramatic shift to the US economy CNN
- Why Trump wants companies to report earnings less frequently NPR
- What CEOs think about the SEC ‘prioritizing’ Trump’s plan to end quarterly reporting for public companies Fortune
- Trump Proposes to Cut Quarterly Reports for Public Companies The New York Times
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