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Trump renews controversial idea for axing quarterly reports for companies: ‘This will save money’

Trump
New York Post Fews App News Provider
Fews App Post Time ha 6h

US companies should be allowed to report earnings every six months instead of quarterly, President Trump said on Monday, in what would be a major shift for corporate America if the Securities and Exchange Commission approved the change. “This will save money, and allow managers to focus on properly running their companies,” Trump wrote in a Truth Social post, reprising an issue Trump pushed unsuccessfully during his first administration. He added that the change would be subject to approval by the SEC.

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