Trump Says Companies Should Stop Reporting Finances Every Quarter [View all]
Source: The New York Times
President Trump on Monday proposed to reduce the frequency that public companies report financial information to their investors and the public, suggesting cutting requirements in half by going to two, instead of four, reports a year.
This will save money, and allow managers to focus on properly running their companies, Mr. Trump said in a post on Truth Social. Public companies in the United States have been required to publish quarterly reports for more than 50 years. Many markets in Europe require companies to report only twice a year.
Its not the first time Mr. Trump has raised the idea. During his first term, he suggested moving to semiannual instead of quarterly reports, and the Securities and Exchange Commission explored the issue but never progressed to the point of changing the rules. Mr. Trumps proposal would need to complete a multistep process overseen by securities regulators to become a rule.
The S.E.C. did not immediately respond to a request for comment.
Read more: https://www.nytimes.com/2025/09/15/business/trump-company-quarterly-reports.html
Oooooof!