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

[Eugene]

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

[Irish_Dem]

1. He wants to do away with them altogether.

He alone will announce all numbers.

[Johonny]

2. This just another policy asking for an epic

Economic crash.

In this day and age, getting your quarterly report done doesn't appear to be hard task for well managed companies. Thus, this appears to help only shit show companies like the ones Trump runs.

[FiveFifteen]

3. Loser

Move the goalposts in order to change the score.

What matters gets measured… well, unless they change the measuring stick to suit their lies and lack of accountability.

[IbogaProject]

4. The market wont like this

They need these periodic reports to drive trade volumes.

[RockRaven]

5. They want to increase the opportunity for, and scale of, insider trading.

Less frequent reports, greater delta between what insiders and outsiders know, greater difference between what share prices are and what they "should" be.

[bucolic_frolic]

6. "Only I can fix it."

Fix can be taken several ways.

[Yo_Mama_Been_Loggin]

7. They make him look bad