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Economy

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Eugene

(66,351 posts)
Mon Sep 15, 2025, 12:31 PM Monday

Trump says the US should do away with quarterly earnings reports (wants semi-annual reporting) [View all]

Source: Associated Press

Trump says the US should do away with quarterly earnings reports

By ASSOCIATED PRESS
Updated 11:37 AM EDT, September 15, 2025

President Donald Trump wants to do away with the quarterly earnings report.

In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period. The Securities and Exchange Commission has required publicly traded companies to report on a quarterly basis since 1970.

“This will save money, and allow managers to focus on properly running their companies,” Trump wrote.

Trump asked the SEC to examine the three- versus six-month reporting requirement during his first term. No change was made.

-snip-

Read more: https://finance.yahoo.com/news/trump-says-sec-require-public-122606580.html

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